SHANGHAI (Reuters): The world's fifth-largest LCD panel maker, BOE Technology Group Co Ltd, said on Thursday it plans to raise 46 billion yuan ($7.5 billion) in the biggest Chinese equity offering this year.
The funds will be used in the construction of high-generation panel production lines and the acquisition of shares in an existing joint venture called BOE Display Technology.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!