Touch panel maker Mildex Optical has announced the issue of 20 million new shares to raise NT$618 million (US$19.96 million) to enrich the company's operational capital and pay back loans.
Its major shareholder Pan Jit International will acquire all the shares. Pan Jit's stake in Mildex will increase to 44.27%, from 26.85%.
| Touch panel makers Recent capital raising plans |
| Company | Reason | Shares (m units) | Price (NT$) | Total capital (NT$m) |
| TPK Touch | Capital raise before listing on TSE | 28 | 220 | 616 |
| Young Fast | Capacity expansion of medium-size products | 8.5 | 288 | 2,448 |
| EDT | Second production line | 30 | 13.5 | 405 |
| Tyntek | Company operational capital and pay back previous loans | 20 | 30.9 | 618 |
| Sintek | Second touch panel plant | planning |
Source: Companies, compiled by Digitimes, October 2010