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Article: ChipMOS TAIWAN RENEGOTIATES ITS LEASES WITH GE.
- Article from:
- PR Newswire
- Article date:
- November 9, 2009
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HSINCHU, Taiwan, Nov. 9 /PRNewswire-Asia-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") today announced that ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan"), a wholly-owned subsidiary of ChipMOS, has completed the renegotiation of the terms of its equipment leases with GE Money Taiwan Limited ("GE"), which also involves ING Bank N.V., Taipei Branch ("ING") and ABN AMRO Bank N.V., Taipei Branch ("ABN"), and EQUVO Pte. Ltd., Taiwan Branch ("EQUVO").
ChipMOS Taiwan and GE entered into a Master Lease Agreement on December 22, 2006, pursuant to which GE has leased equipment to ChipMOS Taiwan under a series of lease agreements to satisfy ...