Nanya moves forward with secondary offering

In what is becoming a rare event for Taiwan, DRAM and Flash memory manufacturer Nanya Technology will close out an NT$10 billion ($290.5 million) secondary offering by the end of this month.
July 05, 2001

The company had previously planned to sell the shares at around NT$27, but as its stock has fallen in line with spot prices for DRAM over the past few months, it had to adjust its price to NT$20.

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