Taiwan's large LED epitaxial plant fundraising and expansion

LED Leijing Taiwan Factory Yuanyuan (3061) will discuss the private placement or current capital proposal at the shareholders meeting on June 29. It is expected that no more than 150 million shares will be used for cash remittance on the island, or cash increase will be used to issue overseas depositary receipts ( GDR), or private placement of common stock, private placement of islands or overseas convertible bonds. It is estimated that it will raise NT$6.4 billion. This is also the second fundraising plan for 2010.

The new century (3383) will discuss the issuance of no more than 100 million shares in the shareholders' meeting on June 30, up to a maximum of NT$4 billion.

Ronda (3698), a subsidiary of AUO Group (2409), is expected to conduct private placements in a way that does not exceed 50 million shares. It is estimated that it can raise nearly 3.2 billion yuan.

Jingdian (2448) The shareholders' meeting has passed the cash private placement. In 2010, the company raised private equity cash replenishment with a quota of no more than 300 million shares. It is estimated that it can raise nearly RMB 26 billion, according to Taiwan's LED epitaxial manufacturer.

In addition to fundraising cases such as Taigu (3339) and Dingyuan (2426), the amount of funds raised by LED Leijing Taiwan Plant in the second half of 2010 exceeded NT$40 billion.

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