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BLU maker Forward to raise funds for new products

Rebecca Kuo, Tainan; Emily Chuang, DIGITIMES Asia Friday 24 August 2007 0

Taiwan-based backlight unit (BLU) maker Forward Electronics, a subsidiary of the Tatung group, plans to raise NT$800 million (US$24.25 million) by issuing convertible bonds (CBs) worth NT$550 million and 80 million new shares at NT$31.25 per share.

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