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Friday 13 February 2009
ProMOS responds to media reports of severe financial troubles
ProMOS Technologies issued a filing with the Taiwan Stock Exchange (TSE) to respond to Taiwan media reports claiming that it will likely fail in its bid to secure a syndicated loan...
Thursday 5 February 2009
Taiwan banks halt ProMOS loan
Nine Taiwan banks which reportedly have agreed to provide a syndicated loan of NT$5 billion (US$148 million) to DRAM chipmaker ProMOS Technologies have postponed the lending process,...
Wednesday 4 February 2009
Kingston acts as guarantor for ProMOS loan
Kingston Technology has agreed to act as a guarantor for ProMOS Technologies' application for a syndicated loan of NT$5 billion (US$148 million) from nine local banks, according to...
Tuesday 20 January 2009
PSC may get extension for bank loan repayment
A request by Powerchip Semiconductor Corporation (PSC) to further extend its bank loan repayments is expected to be allowed, according to market sources.
Tuesday 9 December 2008
Enlight's China plant seized over unsettled loan
PC case/chassis maker Enlight has disclosed that a plant in China has been seized by a court at the request of a Chinese bank over a 65 million yuan (US$9.45 million) overdue loan.