Rexchip to launch rights issue for NT$6 billion

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia Monday 12 March 2012 0

Rexchip Electronics, the Taiwan-based production subsidiary of Elpida Memory, has revealed plans to raise an additional paid-in capital of NT$6 billion (US$203 million) through issuing new shares. The new funds will be used to repay debts that are due...

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