Inotera set to raise NT$15 billion through rights issue

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia Thursday 7 January 2010 0

DRAM maker Inotera Memories has set the price of its latest rights issue at NT$22.5 per share (US$0.71), and expects to raise a total of NT$15 billion to finance its technology upgrades, according to the company. The price is around 25% lower than NT$28.20,...

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