Information and news of Taihan Electric Wire.
Issuance of Zero Coupon CB, US$160,000,000 2005-09-21


Taihan publicly announced that the Company will issue Zero coupon convertible bond due 2008 in the aggregate principal amount of US$160,000,000. The Bond will, at the option of the holder, be convertible on and after October 29, 2005 up to the close of business on September 14, 2008 into fully paid common shares with a par value of \2,500 each of the Company. The conversion price is estimated to be decided at the range of \17,460 ~ \18,200 and be listed on Singapore Stock Exchange Market.

By successfully issuing the Convertible Bond of the Company in foreign market, it will be an opportunity for evaluation of the company’s reputation and credit from global market and will be a momentum for future development of the Company as a global leading company.
 
 
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