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Friday 6 April 2012
CMI reaches debt settlement agreement with creditor banks
Chimei Innolux (CMI) has reached a debt settlement agreement with its creditor banks, cutting repayment amounts of its debts due in 2012 to below NT$15 billion (US$508.82 million)...
Friday 20 January 2012
CMI CEO to hold debt settlement talks with creditor banks
Chimei Innolux (CMI) CEO Hsing-chien Tuan will lead a negotiation team to hold debt settlement talks with its creditor banks on January 20, hoping the banks will allow it to postpone...
Friday 13 January 2012
ProMOS seeking to settle debts with banks
ProMOS Technologies has submitted an application to Taiwan's Ministry of Economic Affairs (MOEA) for debt negotiations with its creditor banks, according to the cash-strapped DRAM...
Wednesday 11 January 2012
CMI applies for debt settlement with creditor banks
Chimei Innolux (CMI) has applied for debt negotiations with its creditor banks after the flat panel maker failed to secure a syndicated loan of NT$40 billion (US$1.33 billion) in...
Thursday 26 February 2009
ProMOS allowed to extend bank loan repayments for one year
Taiwan's DRAM chipmaker ProMOS Technologies has revealed that it has been allowed to extend repayments on existing bank loans for one year under a government assistance program.