People check out semiconductors on display from Tsinghua Unigroup at an event in Beijing on September 19, 2020. Photo: AP
People check out semiconductors on display from Tsinghua Unigroup at an event in Beijing on September 19, 2020. Photo: AP

China semiconductors: Tsinghua Unigroup’s creditors, shareholders back troubled tech conglomerate’s debt restructuring plan

  • Among the creditors who agreed to Tsinghua Unigroup’s debt restructuring plan, 1,069 have ordinary or unsecured claims totalling US$19.47 billion
  • Major shareholders Tsinghua Holdings Corp and Beijing Jiankun Investment Group Co have also approved the debt restructuring plan

Topic |   Semiconductors
People check out semiconductors on display from Tsinghua Unigroup at an event in Beijing on September 19, 2020. Photo: AP
People check out semiconductors on display from Tsinghua Unigroup at an event in Beijing on September 19, 2020. Photo: AP
READ FULL ARTICLE