AU Optronics Corp.
AUO (the "Company" or "AUO") today announced that it
intends to offer, subject to market and other conditions, 74,000,000 American
Depositary Shares ("ADSs"), each representing 10 common shares of the Company,
par value NT$10 per share. The Company intends to grant the underwriters an
option to purchase up to an additional 6,000,000 ADSs solely to cover
over-allotments.
AUO intends to use the net proceeds from the offering to fund purchases of raw
materials and components from overseas.
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