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Motech to issue 3 million shares after securing NT$3.4 billion loan

Nuying Huang, Taipei; Esther Lam, DIGITIMES Asia Friday 25 August 2006 0

After securing a NT$3.4 billion (US$104 million) syndicated bank loan, Taiwan-based solar cell maker Motech Industries announced that its board of directors approved the issuing of three million new shares to purchase equipment.

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