Taiwan wonders of the application for IPO to raise $200 million financing

Wonders from the Taiwan area (Himax Technologies Inc.) Au Optronics Co has the U.S. Securities and Exchange Commission to apply for an initial public offering (IPO), plans to raise $200 million in the Nasdaq market. Marvel did not disclose the number of its American Depositary Receipts (ADS) and the issue price of the program.

HIMAX in its listing application documents said that in 2005 the company achieved net profit of $61 million 500 thousand, the sales revenue of $540 million 200 thousand, 2004 was $36 million and $300 million 300 thousand respectively.

Said the company will take IPO to raise funds for capital expenditures (including the purchase of equipment, software and the establishment of new headquarters in Taiwan, Tainan) and the repayment of loans. Taiwan Chi Mei Electronics (Chi Mei Optoelectronics Corp.) is the largest shareholder and the largest shareholder of the wonders of optoelectronics.