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PSC to gain loan repayment extension by collateralizing Rexchip shares

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia Tuesday 16 June 2009 0

Powerchip Semiconductor Corporation (PSC) has reportedly agreed to collateralize its stake in Rexchip Electronics, in order to postpone repayments on a NT$75.5 billion (US$2.29 billion) bank loan by six months.

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