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Epistar to invest in Tekcore through private placement

Siu Han, Taipei; Yvonne Yu, DIGITIMES Asia Wednesday 7 October 2009 0

LED chipmaker Epistar has decided to invest in fellow competitor Tekcore by acquiring 43 million common shares via private placement. The total investment is expected to amount to NT$722.4 million (US$22.48 million), and Epistar will have a 19.9% stake...

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