TSMC board approves fundraising plan to issue NT$45 billion in bonds

At a board meeting Wednesday, the fundraising plan was approved in an effort to meet demand for expansion of the company's capacity.

In addition, the board voted unanimously to reelect Morris Chang as chairman and F.C. Tseng as vice chairman of TSMC.

In late April, TSMC raised its capital expenditure for 2012 to a range of US$8 billion-US$8.5 billion, an increase of more than 33 percent from the previously planned US$6 billion.

SHARE CLOSE
Blogger		Google+
Live Journal		Plurk
Stumble Upon

Tweet

	PREVIOUS ARTICLE
	US dollar falls by NT$0.026 to end trade at NT$29.954 on Taipei forex

NEXT ARTICLE
Fewer home projects rolled out over first half: magazine

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

 Receive China Post promos
 Respond to this email

Submit