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To: md1derful who wrote (609)3/20/2000 1:08:00 PM
From: tech101  Respond to of 1056
 
NEW PRICE TARGET

by: Aartvark (44/M/Atlanta, GA) 3/20/00 9:35 am
Msg: 12029 of 12031

ALEX BROWN NEW 12-MONTH PRICE TARGET RAISED TO $95.00! LOOKING REALLY STRONG!

Grim
by: Aartvark (44/M/Atlanta, GA) 3/20/00 12:52 pm
Msg: 12031 of 12031

First Call Report posted this morning.

messages.yahoo.com



To: md1derful who wrote (609)3/23/2000 2:33:00 AM
From: tech101  Read Replies (1) | Respond to of 1056
 
Anam to Emerge as "Clean Co." With Debt Ratio of 20 Pct

by: Grim_Fandango69 3/22/00 4:29 pm
Msg: 12091 of 12110

Kinda old article....

03/16/2000
Korea Times

Copyright (C) 2000 Korea Times; Source: World Reporter (TM)

Anam Semiconductor is bracing to emerge as a ``clean company' with additional investments of $500 million in syndicated loans from European companies, Anam officials said yesterday.

Cho Hung Bank, Anam 's main creditor, confirmed negotiations were in the final stages and that the funds would be injected through a new rights offering at around 24,000 won per share.

Once the new funds are injected, Anam will have paid-in capital of 1.5 trillion won and a debt-to-equity ratio of less than 20 percent, Anam officials said.

Anam has already attracted $1.3 billion in investments from ATI of the United States, selling its packaging facilities for $950 million and new shares worth $390 million at 18,000 won per share.

At the same time, Anam 's creditors had promised to convert 250 billion won in loans into equity. The remaining 150 billion won worth is to be converted in the near future.

With the new funding, Anam will transform itself from being a specialist in semiconductor packaging into a strong competitor in fabrication, the officials said.