Neo Solar Power Is Aiming to Raise as Much as $300 Million With GDR Issue

Neo Solar Power Corp. (3576), Taiwan’s third-largest solar-cell maker by market value, aims to raise as much as $300 million by issuing global depositary receipts, Chief Financial Officer Thomas Hsu said.

The solar-cell maker plans to sell the GDRs by the end of the second quarter, Hsu said at a media briefing in Taipei today.

To contact the reporter on this story: Yu-Huay Sun in Taipei at ysun7@bloomberg.net

To contact the editor responsible for this story: Ryan Woo at rwoo5@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.