PCB maker Unitech to issue 100 million new shares, says paper - ResearchInChina

Date:2011-03-04liaoyan  Text Size:

PCB maker Unitech Printed Circuit Board plans to issue 100 million new shares for a capital increase project with each share priced at NT$15 (US$0.508), which will represent a discount of 32% from the stock's closing price of NT$19.90 on March 3 on the Taiwan Stock Exchange (TSE).

The new capital of NT$1.5 billion in cash will be used to finance the company's capacity ramp for HDI boards, including any-layer HDI parts, according to a Chinese-language Commercial Times report.

Unitech also plans to hand out cash dividends of NT$0.2 for its performance in 2010.

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