Taiwan unleashes international equity avalanche

Companies line up to raise $2.5 billion over the next month as Siliconware Precision Industries; Benq Corp; Realtek Semiconductor; Macronix; ProMos Technologies; Chunghwa Picture Tubes and either TSMC or UMC launch deals.

In preparing to raise over half the entire issuance volume of 2001 in the space of just one month, Taiwanese companies are hoping to successfully ride a turn in the tech cycle and take advantage of the better valuations traditionally on offer at the beginning of the year.

The Acer group kicked off the pipeline this Tuesday with a $56 million GDR for subsidiary Ambit Microsystems via Goldman Sachs and may also be second in the market with the sale...

To continue reading, please login or register for free

Click for more on: taiwan | unleashes | international | equity | avalanche

Print Edition

FinanceAsia Print Edition