[* TAIWAN] (06/30 04:30 GMT) [Promos Technolgies Inc] is seeking approval from
FSC to sell US$350m 5-yr 0% overseas convertible bonds. Proceeds will be used to
purchase machinery and strengthen its financial structure. ABN and Lehman
Brothers are joint underwriters for overseas sales of bonds, while Polaris
Securities is responsible for the domestic sales.
[* TAIWAN] (06/30 01:55 GMT) [Inotera Memories Inc] plans to issue up to US$330m
offshore CB. Tenor 5yrs. Proceeds will be used to repay bank loans. Credit
Suisse and Citigroup are joint lead managers, while Capital Securities is
responsible for the domestic sales of bonds.
[* TAIWAN] (06/27 09:02 GMT) [Gigastorage Corp] works on NT$500m 3-yr
convertible bonds. Coupon 0%. Conversion px NT$8.2/share. PUttable at 104 and
106 after 2yrs and 3rys respectively. Proceeds will be used to strengthen its
financial structure and for working capital.
[* TAIWAN] (06/26 08:35 GMT) [Sinphar Pharmaceutical] NT$350m 5-yr domestic CB
due 2 Jul 2013. Coupon 0%. IP & Redemption Par. Conv premium 1%. Conv px
NT$24.85/share. Conv ratio 4024.1449 shares. Parity 102.62. Puttable at 103.52
after 2yrs. 10% clean-up call. Settlement 2 Jul 2008. Launch 26 Jun 2008.
Proceeds will be sued to repay bank loans and strengthen its financial
structure. The bond is guaranteed by Taiwan Cooperative Bank. Far Easter
International Bank is the trustee. Polaris Securities is the underwriter of the
deal.
[* TAIWAN] (06/26 05:04 GMT) [InnoLux Display Corporation] plans to sell US$500m
offshore CB. The deal has been approved by the shareholders of the company. The
company called off its NT$15b domestic CB plan earlier this month.
[* MY] (06/26 03:26 GMT) [KLK Capital] may postpone its issuance plan of US$400m
5-yr guaranteed EB. The company won approval from its shareholders, the
Securities Commission, Labuan Offshore Financial Services Authority and Bank
Negara in April this year. ECM Libra and Credit Suisse are joint lead managers.
[* TAIWAN] (06/24 02:00 GMT) [Jetmaster Development Corp] mulls selling NT$600m
domestic CB. Tenor 5yrs. Coupon 0%. Proceeds will be used to finance its
construction project.
[* TAIWAN] (06/23 07:02 GMT) [Giantplus Technology Co Ltd] plans to sell up to
NT$1.5b 5-yr domestic CB. Coupon 0%. Proceeds will be used to purchase machinery
and for working capital. Mega Intl Commercial Bank is the trustee, while Mega
Securities is the underwriter of the deal.
[* TAIWAN] (06/23 03:03 GMT) [Farglory Land Development] NT$1b 5-yr convertible
bonds due 30 Jun 2013. Coupon 0%. IP & Redemption Par. Conv premium 10%. Conv px
NT$114/share. Conv ratio 877.1930 shares. Parity 87.28. Puttable at 103.02 and
104.57 after 2yrs and 3yrs respectively. 10% clean-up call. Settlement 30 Jun
2008. Launch 24 Jun 2008. Proceeds will be used to repay loans. Sinopac
Securities is the underwriter of the deal.
[* TAIWAN] (06/23 02:28 GMT) [Farglory Land Development] NT$500m 3-yr
convertible bonds due 30 Jun 2011. Coupon 0%. IP & Redemption Par. Conv premium
10%. Conv px NT$114/share. Conv ratio 877.1930 shares. Parity 87.28. Puttable
at 103.03 after 3yrs. 10% clean-up call. Guarantor Taiwan Cooperative Bank.
Settlement 30 Jun 2008. Launch 24 Jun 2008. Proceeds will be used to repay
loans. Sinopac Securities is the underwriter of the deal.
[* HK] (06/23 02:20 GMT) [Xdlong International Co Ltd] plans to sell 500 million
of shares or 25% of its enlarged share capital from a Hong Kong IPO. Greenshoe
15%. IPO price range HK$1.38-1.98 per share. The shares offering will include
80% new shares and 20% existing shares to raise a total of HK$690-990m.
Bookbuild starts today. Pricing is expected on July 3 and the trading debut is
scheduled for July 11. Goldman Sachs and Deutsche Bank are the joint book runner
of the deal. Xdlong designs, manufactures and distributes sports shoes and
apparel in China. It will use the proceeds to expand its distribution network
and to promote its brand.
[* HK] (06/23 02:15 GMT) [Sociedade de Jogos de Macau (SJM) Holdings] plans to
raise up to US$654m via selling 1.25 billion new shares in a Hong Kong IPO. The
offering is equivalent to 25% of the company"s enlarged share capital. IPO price
range HK$3.08-4.08 per share. Deutsche Bank is the sponsor of the deal.
[* TAIWAN] (06/19 06:00 GMT) [Wah Lee Industrial Corp] plans to sell up to NT$1b
5-yr domestic CB. Proceeds will be used to repay bank loans. Yuanta Core Pacific
is mandated to be the undewriter of the deal.
[* TAIWAN] (06/18 09:02 GMT) [Neo Solar Power Corp] has filed its CB plan with
FSC for approval to sell up to US$50m offshore CB. The 3-yr bond is tentatively
set to pay a coupon of 2%. Proceeds will be used to purcase fixed asset.
[* TAIWAN] (06/18 08:10 GMT) [Synnex Technology] NT$6b 5-yr domestic CB due 24
Jun 2013. Coupon 0%. IP & Redemption Par. Conv premium 11.11%. Conv px
NT$80/share. Conv ratio 1250.0000 shares. Parity 90.62. Puttable at par after
3yrs. 10% clean-up call. Settlement 24 Jun 2008. Launch 18 Jun 2008. Yuanta Core
Pacific Secs is the underwriter of the deal.
[* TAIWAN] (06/18 07:16 GMT) [Yem Chio Co Ltd] is seeking approval from FSC to
sell NT$1b 0% domestic CB. Proceeds will be used to repay bank loans. Grand
Cathay Securities is the underwriter of the deal.
[* TAIWAN] (06/18 05:05 GMT) [Advanced Analog Technology] NT$150m 2-yr domestic
CB due 25 Jun 2010. Coupon 0%. IP & Redemption Par. Conv premium 1.06%. Conv px
NT$126/share. Conv ratio 793.6508 shares. Parity 102.78. 10% clean-up call.
Settlement 25 Jun 2008. Launch 18 Jun 2008. Taiwan Securities is the underwriter
of the deal.
[* TAIWAN] (06/17 06:35 GMT) [Neo Solar Power Corp] plans to sell up to US$50m
offshore CB. The 3-yr bond is tentatively set to pay a coupon of 2%. Proceeds
will be used to purcase fixed as