Investment expected to benefit both crystal part makers.
Calida Smylie Wed, 15 Feb 2017
Rakon [NZX:RAK] has a new Taiwanese investor which the company hopes will boost its fortunes.
Siward Crystal Technology, a Taiwan crystal parts manufacturer, has plugged $US10 million ($13.9 million) into Rakon, which will use the cash to reduce debt, which was at $22.8 million on September
Want to read more? It's easy.
Choose your best value subscription option
Get instant access to this article now as part of our FREE two week trial.
Get two weeks free access to NBR’s Premium Online Subscription, which includes full access to all of NBR’s great content on any device.