* TAIWAN (12/20 08:04 GMT) Space Shuttle Hi-Tech Co Ltd plans to sell 
NT$200m domestic CB. The 3-yr zero coupon CB will be guaranteed by China 
Development Industrial Bank. Proceeds will be used to repay loans. Yuanta Core 
Pacific is the trustee, while Sinopac Securities is the underwriter of the 
deal. 
* TAIWAN (12/19 08:33 GMT) Hwacom Systems Inc obtained approval from FSC to 
issue up to NT$200m domestic CB. The 3-yr 0% bond will be guaranteed by Mega 
Intl Commercial Bank. Proceeds will be used to repay bank loans. Polaris 
Securities is the underwriter of the deal. 
* INDIA (12/19 04:50 GMT) Gremach Infrastructure Equipments & Projects 
launches US$50m 5-yr offshore CB due 23 Jan 2013. Coupon 1%sa. IP Par. 
Redemption 137.24. Conv px INR376.36/share. Conv premium 15%. Conv ratio 
104.5807 shares. Parity 88.72. IRR 7.3%. 5% clean-up call. Settlement 22 Jan 
2008. Launch 10 Dec 2007. Standard Chartered is the lead manager of the deal.
* TAIWAN (12/19 03:35 GMT) Pro-Nets Technology Corp is seeking approval 
from FSC to sell two CB issues. One will be NT$150m, while another will be 
NT$100m. Both will carry a tenor of 5yrs and pay zero coupon. Proceeds will be 
used for general working capital. The NT$150m deal will be guaranteed by 
Chinatrust Commercial Bank. Fubon Bank is the trustee, while Chinatrust 
Securitieis is the undewriter. 
* TAIWAN (12/18 09:05 GMT) Asia Cement mulls selling US$250m offshore CB. 
Tentatively, the bond is set to carry a tenor of 5yrs. Proceeds will be used 
to purchase materials overseas. 
* TAIWAN (12/18 08:50 GMT) Siward Crystal Technology is seeking approval 
from FSC to sell NT$3b domestic CB. The NT$3b bond will carry a tenor of 5rys 
and pay zero coupon. Puttable at 103.03 and 105.09 after 3yrs and 4yrs 
respectively. Callable after 3 months subject to 150% trigger. Proceeds will 
be used to purchase machinery. Yuanta Core Securities is the arranger of the 
deal. 
* TAIWAN (12/18 06:48 GMT) Pihsiang Machinery (listed in Taiwan, stock 
code 1729) NT$1b (US$30.7m) zero-coupon CB due 24 Dec 2012. IP par. Conv px 
NT$70.7/share. Initial premium 15%. Conv ratio 1414.4272 shares. Parity 84.58. 
Put after @100 on 24 Jun 2010. 10% clean-up call. Lead manager is Yuanta Core 
Securities. Settlement 24 Dec 2007. Launch 18 Dec 2007.
* TAIWAN (12/18 03:15 GMT) Harvatek Corp (listed in Taiwan, stock code 
6168) NT$300m (US$9.21m) zero-coupon CB due 24 Dec 2012. IP par. Conv px 
NT$38/share. Initial premium 12.56%. Conv ratio 2631.5789 shares. Parity 
76.84. Put after 2 and 3 years @100 and 101.51 respectively. 10% clean-up 
call. Lead manager is Mega Securities. Settlement 24 Dec 2007. Launch 18 Dec 
2007.
* TAIWAN (12/17 09:10 GMT) Globe Union Industrial (listed in Taiwan, stock 
code 9934) NT$1.7b (US$52.36m) zero-coupon CB due 24 Dec 2012. IP par. Conv px 
NT$39.5/share. Initial premium 9%. Conv ratio 2531.6456 shares. Parity 88.35. 
Put after 4 years on 24 Dec 2011 @104.0604. 10% clean-up call. Lead manager is 
Polaris Securities is the arranger of the deal. 
* TAIWAN (12/17 01:45 GMT) Polytronics Technology Corporation decided to 
delay its planned bond issue, due to the unfavorable market conditions. 
Originally, the tech company planned to sell up to NT$200m 5-yr 0% CB to fund 
the purchase of office building. Grand Cathay Securities was mandated. 
* TAIWAN (12/14 09:05 GMT) Center Laboratiories Inc is awaiting approval 
from FSC to sell NT$300m domestic CB. Tenor 5yrs. Coupon 0%. E. Sun Securities 
is the underwriter of the deal.
* TAIWAN (12/14 00:48 GMT) Cosmos Bank Taiwan NT$19.8b 5-yr subordinated 
convertible bond. Coupon 6%ann for the first 2yrs, then lowers to 4%ann. Conv 
px NT$2/share. Proceeds will be used to strengthen its financial structure. 
* TAIWAN (12/13 00:55 GMT) Siward Crystal Technology Co Ltd mulls selling 
its third domestic CB. The NT$3b bond will carry a tenor of 5rys and pay zero 
coupon. Puttable at 103.03 and 105.09 after 3yrs and 4yrs respectively. 
Callable after 3 months subject to 150% trigger. Proceeds will be used to 
purchase machinery. Yuanta Core Securities is the arranger of the deal. 
* CHINA (12/12 07:10 GMT) Yingli Green Energy Holdings sold US$150m 5-yr 
zero-coupon CB due 15 Dec 2012. Greenshoe US$22.5m. IP par. Redemption 
@128.827. Put after 3 years on 15 Dec 2010 @116.427. Call, subject to a hurdle 
of 150%, before 15 Dec 2008 @105.22, before 15 Jun 2009 @107.917, before 15 
Dec 2009 @110.682, before 15 Jun 2010 @113.518, before 15 Dec 2010 @116.427, 
before 15 Jun 2011 @119.41, before 15 Dec 2011 @122.47 and before 15 Jun 2012 
@125.609. YTP 5.144%. Conv px=US$43.4/share, vs previous share close 
US$30.1399. Initial conv premium=40%. Settlement date 17 Dec. Lead managers 
are Credit Suisse, Goldman Sachs and Merrill Lynch Pierce Fenner& Smit. 
* THAILAND (12/12 03:45 GMT) Italian Thai Development PCL plans to sell CB 
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.
* TAIWAN (12/12 02:20 GMT) Taiwan Chi Cheng Enterprise (listed in Taiwan, 
stock code 3095) NT$1b (US$30.90m) zero-coupon CB. Maturity 5 years due 17 Dec 
2012. IP par. Put after 2 years on 17 Dec 2009 @101.0025. Call before 7 Nov 
2012 at 100%, subject to a 150% hurdle. 10% clean-up call. Conv px= 
NT$52/share, vs current px NT$49.1. Conv premium=10.19%. Max conv down=80%. 
Lead manager is Yuanta Core Pacific Secs.
* CHINA (12/11 06:55 GMT) Tangshan Iron & Steel Co (listed on Shenzhen 
Exchange, stock code 000709) sells RMB3b 5-yr CB due 14 Dec 2012. IP par. 
Step-up coupon at 0.8%ann to Dec 2008, 1.1% to Dec 2009, 1.4% to Dec 2010, 
1.7% to Dec 2011 and 2% to Dec 2012. Redemption at 110. Conv px = avg px for 
30 days after 14 Jun 2008. Current px = RMB20.72. Settlement date 14 Dec. Lead 
manager is BOC International.
* TAIWAN (12/11 02:28 GMT) Pro-Nets Technology Corp plans two CB issues. 
One will be NT$150m, while another will be NT$100m. Both will carry a tenor of 
5yrs and pay zero coupon. Proceeds will be used for general working capital. 
The NT$150m deal will be guaranteed by Chinatrust Commercial Bank. Fubon Bank 
is the trustee, while Chinatrust Securitieis is the undewriter. 
* KOREA (12/11 01:35 GMT) Hynix Semiconductor Inc sold US$583.4m 5-yr 
fixed-rate CB due 14 Dec 2012. IP par. Coupon 4.5%sa. Redemption at par. YTM 
4.5% (indication 4.5-5.0%). The bonds will be convertible into about 14 
million Hynix shares at KRW38,340 (US$/KRW=919.90) a share. Conv premium=42%, 
the high-end of indication 32-42%. Put at par after 2.5 yrs on 14 Jun 2010. 
Delisting & poison put. Softcall at par after 3 years on 14 Dec 2010, subject 
to a hurdle of 130%. 10% clean-up call. Proceeds for general corporate purpose 
and to build a new semiconductor production line. The transaction lured strong 
demand and ended up with more than 10 times covered from 200 investors 
involved. Heard that the CB traded higher in the grey market shortly after 
launch. Credit Suisse, Goldman Sachs, KDB, Macquarie, Morgan Stanley and Woori 
managed the sale.
* INDIA (12/11 01:00 GMT) Gremach Infrastructure Equipments & Projects Ltd 
US$50m 5-yr offshore CB due 22 Jan 2013. Coupon 1%ann. IP par. Conv px 
INR376.36/share. Conv premium 15%. Conv ratio 104.5807 shares. Parity 91.35. 
5% clean-up call. IRR 7.3%. Settlement 21 Jan 2008. Launch 10 Dec 2007. 
Standard Chartered is the lead manager of the deal. 
* KOREA (12/10 09:35 GMT) Hynix Semiconductor Inc plans to sell about 
US$500m 5-yr CB. Conv px between KRW35,640-38,340, representing 32-42% premium 
of today"s closing price. YTM 4.5-5.0%. Credit Suisse, Goldman Sachs, KDB, 
Macquarie, Morgan Stanley and Woori manage the sale.
* TAIWAN (12/10 04:18 GMT) Synmosa Biopharma Corp (listed in Taiwan, stock 
code 4114)