Shares of Wistron resilient on bond pricing premium


CNA

TAIPEI — Shares of Wistron Corp., one of Taiwan’s leading contract notebook computer makers, resisted a 1.08-percent fall on the broader market yesterday after launching convertible bonds at a 20-percent conversion premium last week, dealers said.

The premium showed investors have high hopes that the company will generate higher sales in 2012, dealers said. There is speculation that Wistron has added Hewlett-Packard to its customer list and has received tablet computer assembly orders from Austek Computer.

Wistron rose 0.97 percent to close at NT$41.70 with 23.89 million shares changing hands, while the benchmark weighted index fell 1.08 percent to end at 7,103.62 points in response to Standard & Poor’s downgrading of nine eurozone countries.