UPDATE: Rakon shares hit 7-month high as Taiwan's Siward takes cornerstone stake

UPDATE: Rakon shares hit 7-month high as Taiwan's Siward takes cornerstone stake
Paul McBeth
By Paul McBeth Dec. 20 (BusinessDesk) - (Updates recasts on share price, adds broker comment) Rakon shares hit their highest level in seven months after the high-tech components maker said it will raise US$10 million from Taiwan's Siward Crystal Technology, selling shares at a steep premium to repay debt while gaining a new partner with an established crystal manufacturer.  The shares rose as far as 28 cents, the highest since May, and were recently up 28 percent at 22 cents after Auckland-based Rakon said it will sell 38 million share...