High Tech Computer completes debut GDR

World''s largest manufacturer of Windows-based pocket PC''s raises $101 million from a GDR offering.

Lead manager Goldman Sachs priced a 6.55 million unit GDR offering for Taiwan's High Tech Computer HTC on Friday. The company marks a new client for Goldman and a switch of houses from UBS, which led a convertible for the group earlier this year and also previously held a mandate for a GDR.

The deal encompassed an equal mix of new and old shares and was priced at a slim discount to spot. At an issue...

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