Sunplus will begin roadshows for a debut GDR offering in just over a week, while Via is planning to launch a first ADR at the beginning of 2001 after pushing back its schedule slightly. For both companies, surging share prices have been a reflection of strong sales growth and an increasing awareness by investors that IC design companies make solid long-term investment plays.
UBS Warburg is lead manager of Sunplus's $200 million GDR, which will begin formal roadshows on September 18, for pricing towards the end of the month. The company, which moved over from Taiwan's OTC board at the beginning of the year, is offering...