The China Post
Date: April 21, 2017
By: CNA

TAIPEI, Taiwan — GlobalWafers Co. (環球晶圓), a leading silicon wafer supplier in

(CNA) GlobalWafers said on Friday that it raised US$469 million, or about NT$14.28 billion, in less than one month through sales of global depository shares.

Taiwan, has issued the largest global depositary shares (GDS) by a company listed on the local equity market in more than three years.

In a statement, GlobalWafers said on Friday that it raised US$469 million, or about NT$14.28 billion, in less than one month through sales of (GDS), the largest overseas fund raising activity of this kind by a local enterprise since November 2013.

The company said it has issued 68 million GDS, each one representing one GlobalWafers common share at US$6.9, or NT$210. The issue price represented a 5.6 percent discount on the company’s closing price of NT$222.5 on the local over-the-counter (OTC) market on Thursday.    [FULL  STORY]