ProMOS Technologies has announced an offer to buy back US$335 million worth of convertible bonds (CBs), but maintained that it will only have less than NT$3 billion (US$8.66 million)...
Powerchip Semiconductor Corporation (PSC), one of Taiwan's financially-distressed DRAM chipmakers, has been given an additional six months to complete repayments on its NT$60 billion...
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...
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,...
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...
A request by Powerchip Semiconductor Corporation (PSC) to further extend its bank loan repayments is expected to be allowed, according to market sources.
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.
