ALPHATEC CREDITORS DROP RESCUE PLAN.Thai chipmaker chip·mak·er n. A manufacturer of electronic and integrated circuit chips. Alphatec Electronics Plc after creditors turned down a rescue plan put forward by an investment company owned by Swedish telecommunication firm Ericsson AB and American International Group
American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City. . The investment companies offered to put in $40m for a five-year restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). plan in return for an 80% stake in the equity (CI No 3,551), but at a meeting on Monday, creditors led by Rung Thai Bank turned down the scheme claiming it was an attempt to write down debts rather than rehabilitate re·ha·bil·i·tate v. 1. To restore to good health or useful life, as through therapy and education. 2. To restore to good condition, operation, or capacity. the company. |
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