Elpida becomes 1st Japanese listed company on Taiwan stock market
TAIPEI (Kyodo) -- Major Japanese memory chip maker Elpida Memory Inc. listed its depositary receipts Friday on the Taiwan Stock Exchange, becoming the first listed Japanese company on the bourse.
The company's Taiwan Depositary Receipts ended the first day of trading at NT$21.70 dollars, or around 60 yen, up 40 cents from the initial public offering price of $21.30.
The receipts allow investors to own a certain number of shares in Elpida.
By becoming a public company, Elpida is aiming to expand Read more [...]