UPDATE 2-South Korea's SK Hynix says to raise $29 bln in ADR listing

ASML Holding NV ADR

ASML Holding NV ADR

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Add details on new shares and use of proceeds in paragraphs 3-4

- South Korea's SK Hynix 000660.KS said on Wednesday it plans to raise 45.45 trillion won ($29.43 billion) via the listing of American Depositary receipts (ADRs), as it seeks to expand its investor base and production capacity for chips used in artificial intelligence.

The amount is subject to change after bookbuilding, SK Hynix said in a regulatory filing.

The world's second-largest memory chipmaker plans to issue 17.79 million new shares to back a listing of ADRs on the Nasdaq market on July 10, it said.

SK Hynix said the proceeds will be used to build a chip factory in the city of Yongin, an advanced packaging fab in Cheongju and purchase chipmaking equipment such as an Extreme Ultraviolet Scanner (EUV).

($1 = 1,544.1400 won)