Wintek Corp raises $100m in small window
Taiwanese technology company Wintek Corp raised T$3bn ($100.4m) from a block trade on Tuesday despite hitting its lowest price in five years. The company saw a small window of opportunity after the Taiwan stock exchange rose 1.53% from Monday’s close.
That improvement in the wider market helped encourage investors to join the order book, and that was improved when the bookrunners were able to tell smaller accounts about some heavy anchor orders, said a banker familiar with the deal.
Markets were relatively stable yesterday after the G7 talks calmed
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