0
Wireless

Japan Display confirms plans to raise up to JPY 110 billion in fresh capital

Monday 1 April 2019 | 08:42 CET | News
Japan Display announced plans to raise up to JPY 110 billion in new financing. In a statement responding to media reports, the company said it aims to reach an agreement this week "with certain parties" that would lead to the issue of JPY 60-80 billion in stock and bonds. In addition, JDI's existing debt to shareholder INCJ would be refinanced through the underwriting of preference shares.   

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Apple / Japan Display
Countries: World
::: add a comment
This article is part of dossier

iPhone


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Japan Display to shut down mobile production, change CEO

Published 13 Jun 2019 10:20 CET | Japan
Japan Display (JDI) announced plans to scale back its mobile display business due to continued signs of weakness in the market. ...

Japan Display plans more cost-cutting, new management after FY loss

Published 15 May 2019 13:22 CET | World
Japan Display Inc reported a net loss of JPY 98.6 billion for its fiscal fourth quarter to March, hurt by an impairment charge of ...

Japan Display creates new flexible fingerprint sensor

Published 09 May 2019 17:04 CET | World
Japan Display created a capacitive-type flexible fingerprint sensor by integrating its capacitive-type glass-based fingerprint ...

Japan Display confirms new financing deal with TPK investor consortium

Published 12 Apr 2019 11:39 CET | World
Japan Display (JDI) has confirmed a new financing deal with Chinese and Taiwanese investors in order to improve its ...

Japan Display names Tsukizaki as interim CEO

Published 26 Mar 2019 17:10 CET | Japan
Japan Display, an LCD technology JV by Sony, Toshiba, and Hitachi, announced that President, Representative Director and COO, ...

Japan Display drops dividend, downgrades outlook on sluggish smartphone market

Published 14 Feb 2019 14:08 CET | World
Japan Display (JDI) said it expects to report a loss for its fiscal year to March and will not pay a dividend, due to the ...

Taiwan's TPK, China Silk Road Fund in talks to take stake in JDI - report

Published 23 Jan 2019 10:36 CET | Japan
Japan Display is in advanced talks with Taiwan's TPK Holding Co and China's state-owned Silk Road Fund about an investment that ...





Calendar   /   Industry Events

20 Aug MTS Q2 2019
20 Aug Xiaomi Q2 2019
20 Aug Africa Peering and Interconnection Forum
21 Aug Ice Group Q2 results
21 Aug Spark FY results
21 Aug Analog Devices fiscal Q3
21 Aug Zayo fiscal Q4
21 Aug Vodafone Iceland Q2 2019
21 Aug FTTH India Congress 2019
22 Aug China Telecom H1 2019
22 Aug VMware fiscal Q2
22 Aug Sunrise Q2 2019
22 Aug Vocus FY results
22 Aug Sky NZ FY results
23 Aug Mobilezone H1 2019
25 Aug VMworld 2019 US
26 Aug Amaysim FY results
26 Aug Chrous FY results
26 Aug Bezeq Q2 2019
27 Aug Partner Communications Q2 2019
27 Aug Ooma Q2 2019
27 Aug MNF Group FY results
27 Aug ZTE H1 results
27 Aug Hewlett Packard Enterprise fiscal Q3
27 Aug Aviat Networks fiscal Q4
27 Aug Tamedia H1 2019
27 Aug Connected Health Summit
::: More Calendar Items