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Thursday, April 27, 2000, updated at 16:12(GMT+8)
Business  

Acer Unit to Seek Nasdaq Listing

An investment unit of Taiwan's Acer Group is to seek listing on the technology-heavy Nasdaq index in the United States to raise funds, Agence France Press quoted a company official Thursday. It also launched an application service and internet portal Thursday targeting Chinese-language family users.

Acer Digital, a holding company with investments in more than 100 internet companies, planned to increase its capital later this year, Huang said without elaborating.

The company hoped to go public in the US by the end of the year after raising its capital to US$ 60 million from current 20 million dollars, the Commercial Times said.




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An investment unit of Taiwan's Acer Group is to seek listing on the technology-heavy Nasdaq index in the United States to raise funds, Agence France Press quoted a company official Thursday. It also launched an application service and internet portal Thursday targeting Chinese-language family users.

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