{"id":8208,"date":"2009-04-27T10:25:22","date_gmt":"2009-04-27T14:25:22","guid":{"rendered":"tag:www.legitreviews.com:\/\/c3e8fc0db1643c82b178fd4b3cb7104e"},"modified":"2009-04-27T10:25:22","modified_gmt":"2009-04-27T14:25:22","slug":"via-to-reduce-capital-to-improve-financial-structure","status":"publish","type":"post","link":"https:\/\/computerhunter.us\/?p=8208","title":{"rendered":"VIA to reduce capital to improve financial structure"},"content":{"rendered":"

VIA Technologies has decided to reduce its capital by 60% to NT$5.17 billion (US$153.4 million), with an effective date to be set during a shareholders meeting slated for June 19, the company said after a board meeting last week.<\/p>\n

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The company's net worth per share is expected to improve to NT$11.365 from the current NT$4.50 after the planned capital reduction, the company said. The company is estimated to still post losses in the first quarter of this year after recording a net loss of NT$4.02 billion in 2008, according to company sources.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

VIA Technologies has decided to reduce its capital by 60% to NT$5.17 billion (US$153.4 million), with an effective date to be set during a shareholders meeting slated for June 19, the company said after a board meeting last week.<\/p>\n

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The company's net worth per share is expected to improve to NT$11.365 from the current NT$4.50 after the planned capital reduction, the company said. The company is estimated to still post losses in the first quarter of this year after recording a net loss of NT$4.02 billion in 2008, according to company sources.<\/p>\n<\/blockquote>\n

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