Compal Electronics launches GDR

The notebook manufacturer is hoping to join an elite band of Asian issuers able to raise straight equity this year.

With Goldman Sachs as lead manager, the company embarked on roadshows in Hong Kong yesterday Thursday for a roughly $175 million GDR offering.

Should it be successful, Compal will rank second to Sunplus Technology as the only Taiwanese company able to complete straight equity so far this year. It will also number one of just 12 straight equity issuers in total from the region ex Japan and Australia. Most of these latter...

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