[* TAIWAN] (03/27 01:46 GMT) [Accusys Inc] plans to issue up to NT$200m
convertible bonds. Terms are yet to be decided. Proceeds will be used for
working capital.
[* TAIWAN] (03/26 06:38 GMT) [E-Ton Solar Tech Co LTd] plans to sell NT$1b 5-yr
domestic CB. Proceeds will be used repay bank loans. E. Sun Bank is the trustee,
and Hua Nan Securities is the underwriter of the deal.
[* TAIWAN] (03/26 05:15 GMT) [Gigastorage Corp] mulls selling NT$500m
convertible bonds. Proceeds will be used to strengthen its financial structure
and for working capital. Other details are not decided yet.
[* TAIWAN] (03/26 01:33 GMT) [Siward Crystal Tech Co] NT$300m (US$9.99m) 5-yr
domestic CB due 31 Mar 2013. Coupon 0%. Conv px NT$19.49/share. Conv premium 1%.
Conv ratio 5130.8363. Parity 99.54. Puttable at 103.03 and 105.09 after 3yrs and
4yrs respectively. Settlement 31 Mar 2008. Launch 25 Mar 2008. Yuanta Core
Pacific Securities is the arranger of the deal.
[* TAIWAN] (03/25 04:02 GMT) [Sinphar Pharmaceutical Co.] mulls selling NT$350m
bank-guaranteed domestic CB. Tenor 5yrs. Coupon 0%. Proceeds will be sued to
repay bank loans and strengthen its financial structure. Far Eastern
International Bank is the trustee.
[* TAIWAN] (03/19 08:52 GMT) [Gemtek Technology Co Ltd] is awaiting approval
from FSC to sell NT$1b 3-yr convertible bond. Puttable at 102.1 after 2yrs.
Proceeds will be used for research and development, establish office and working
capital. Polaris Securities is the underwriter of the deal.
[* TAIWAN] (03/19 03:35 GMT) [Axiomtek Co Ltd] mulls fund-raising through
selling convertible bonds. Size is not decided yet and the terms of the issue
will be discussed in the next board meeting.
[* TAIWAN] (03/17 09:10 GMT) [Highwealth Construction] is seeking approval from
FSC to sell NT$1.5b domestic CB. Tenor 5yrs. Coupon 0%. Proceeds will be used to
repay loans and strengthen its financial structure. Sinopac Securities is
arranging the deal.
[* HK] (03/17 09:00 GMT) [Xingfa Aluminum Holdings Limited] main board listing
planned. The company has offered 125.4m shares at an indicative offer price
range of HK$2.28-3.42 per share to list on the main board of the HK stock
exchange. Pricing will be fixed on or before March 20. The share sale is
expected to raise up to HK$428m. Retail subscription Mar 17-20. ICEA is the sole
sponsor, global coordinator, bookrunner, and lead manager of the deal. Trading
in the shares of The Xingfa Aluminum is expected to begin on March 31 under
stock code 98.
[* KOREA] (03/17 01:18 GMT) [J Tune Entertainment Co] US$10m 3-yr CB due 17 Mar
2011. Coupon 0%. IP Par. Redemption 115.763. Conv ratio 70259.7402 shares. Conv
px KRW973.8/US$. Parity 91.93. Puttable at par after first year on semi-annual
basis. Hana Inv & Secs is the arranger of the deal. Launch & Settlement 17 Mar
2008.
[* TAIWAN] (03/14 04:04 GMT) [Jingo Digital Inc] is looking into funding sources
for the sizable expansion of the operation and purchase of land. The company
will seek approval from the board for the funding plan. And currently, they are
considering selling domestic convertible bond for the funding needs. Size is not
known yet.
[* HK] (03/13 05:15 GMT) [The Wing Fat Printing Company Ltd] main board listing
planned. The company has offered 150m shares at an indicative offer price range
of HK$4.05-4.6 per share to list on the main board of the HK stock exchange.
Pricing will be fixed on or before March 20. The share sale is expected to raise
up to HK$690m. Retail subscription Mar 13-18. BNP is the sole sponsor, joint
global coordinator, joint bookrunners, and joint lead managers of the deal. UBS
is joint bookrunners, joint global coordinator, and joint lead manager. Trading
in the shares of The Wing Fat Printing is expected to begin on March 28 under
stock code 633.
[* HK] (03/13 03:52 GMT) [Evergrande Real Estate Group Ltd] main board listing
planned. The company has offered 2.960911b shares at an indicative offer price
range of HK$3.5-5.6 per share to list on the main board of the HK stock
exchange. Pricing will be fixed on or before March 20. The share sale is
expected to raise up to HK$16.2bln. Retail subscription Mar 13-18. Goldman Sachs
is the sole global coordinator, joint bookrunners, joint sponsors, and joint
lead managers of the deal. Merrill Lynch and Credit Suisse are joint
bookrunners, joint sponsors, and joint lead managers. Trading in the shares of
Evergrande Real Estate is expected to begin on March 28 under stock code 3333.
[* CHINA] (03/12 02:10 GMT) [Solargiga Energy Holdings] reduced its IPO size by
over 50% to HK$987m amid the current weak market condition. The company plans to
sell 338.1m shares at HK$2.92m. representing 11 times of its earning per share
this year. Book will be opened for two days, which is much shorter than the
normal book-building period of 10 days or even a fortnight. The company pulled
out the planned HK$2.27b IPO in January this year as investors? response was
cool.
[* TAIWAN] (03/12 01:50 GMT) [Bonet Corp] NT$300m 5-yr domestic CB due 18 Mar
2013. Coupon 0%. Conv px NT$70.7/share. Conv premium 1.09%. Conv ratio
1414.4272. Parity 108.06. Puttable at 104.57 after 3yrs. Settlement 18 Mar 2008.
Launch 11 Mar 2008. Taiwan International Securities is the arranger of the deal.
[* THAILAND] (03/11 07:35 GMT) [Italian Thai Development PCL] has appointed JP
Morgan as the lead manager of the upcoming offshore CB. Size will be up to
US$200m or an equivalent amount in any other currency. The bonds will carry
maturities of up to 7 years. The CB will be convertible into not more than 728
million of the company"s common stocks. The CB issuance plan has been approved
by the company"s board of directors last year.
[* TAIWAN] (03/11 05:15 GMT) [Gemtek Te