pcb

UMC sells exchangeables with negative yield

The exchangeable bonds into Unimicron and Novatek carry a negative 0.5% annual yield, which is made possible by an asset swap covering virtually the entire deal.

December 01, 2009

Meadville sells circuit board business to TTM Technologies

Hong Kong-listed Meadville sells its printed circuit board business to TTM Technologies and its laminates business to its controlling shareholder, netting shareholders $880 million.

November 16, 2009

Wuyi prices IPO at top end, Meadville in the upper half of the range

The first two Hong Kong IPOs of size this year raise $255 million between them. Retail demand remains strong, triggering full clawbacks on both deals.

January 28, 2007

Drug maker and PCB manufacturer launch first HK IPOs for 2007

Hong Kong companies Wuyi Pharmaceutical and Meadville seek to raise a combined $265 million with trading debuts scheduled for the first two days of February.

January 17, 2007