Macronix reviving ADR as Via selects underwriters

The non-volatile memory chip producer is hoping to re-launch its cancelled ADR offering in either March or April and plans to increase the number of units on offer to make sure that it raises its originally intended issue size. Consequently, what had initially been envisaged as a 25 million unit transaction (where one unit equals 10 shares), is to be expanded to at least 40 million units and potentially 50 million.