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CMC Magnetics stumbles over ECB fundraising

Jimmy Hsu, Taipei; Adam Hwang, DIGITIMES Asia Tuesday 21 March 2006 0

CMC Magnetics, the largest producer of optical discs in Taiwan, stated on March 20 that its application to float overseas unsecured ECBs (euro convertible bonds) worth US$200 million was recently rejected by the Financial Supervisory Commission (FSC)...

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