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DRAM maker ProMOS to slash capital 65%

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia Tuesday 27 April 2010 0

ProMOS Technologies has revealed plans to downsize its capital by 65% from the current NT$72.6 billion (US$2.3 billion) to NT$25.4 billion. The capital reduction will help boost ProMOS's share price to NT$8.45, allowing the DRAM maker to resume trading...

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