Taipei, Aug. 31 (CNA) Chunghong Holdings Ltd., a Chinese printed circuit board (PCB) firm, is seeking to raise funds in Taiwan through a primary listing on the local main board, underwriter Capital Securities said Tuesday.

Capital Securities said Chunghong, which is registered in the Cayman Islands, is planning to issue 7.61 million new shares to raise about NT$216.8 million (US$6.77 million) and has filed an application with the Taiwan Stock Exchange for the listing.

According to its prospectus, Chunghong expects the listing plan to be completed in the first quarter of next year.

Aside from making PCBs, Chunghong also provides surface mount technology (SMT) to make electronic circuits in which the components are mounted on the surface of the PCBs.    [FULL STORY]