Chartered Semiconductor, the Singapore semiconductor manufacturer,ápostponed its secondary share offer due to the massive market volatility in the US and Asian markets. The deal was to sell 15.68% of the fully diluted share capital of the company in a mix of new and old shares. The sale would haveáraised an estimated $1.8 billion. The company is already listed in Singapore and New York and the new shares were due to be sold into those markets onáApril 18.
The deal was postponed after a week of extensive road shows, organized through two teams from the company and their underwriters, Salomon Smith Barney and CSFB. The two teams saw over 100 investors in the...
