Asia
Taiwan Chinsan Electronic's Cayman Unit to Lend NT$116 Million to Sister Firm
Taiwan Chinsan Electronic Industrial's (TWO:8042) Cayman unit will provide a new NT$116.3 million loan to its Thai unit, Chinsan Electronic Industrial (Thailand).The funds will be used for operational needs, according to a Friday Taiwan Exchange filing.The loan carries an interest rate of 2.2% and is due within one year, it said.
TWO:8042