Lite-On Technology Cancels NT$12 Billion Bond Issuance Plan
NQ Score
0/100
N1 Content Completeness
0.9
AI Summary (NQ-processed)
Lite-On Technology announced on Wednesday that it has applied to the Financial Supervisory Commission (FSC) to cancel two domestic unsecured convertible corporate bond issuance plans totaling NT$12 billion, citing recent high stock market volatility. The company will use its own funds or other methods to meet its capital needs.