Display: Japan Display

display: The other member, Taiwanese private equity fund CGL group, has not notified Japan Display of any decision yet, the display-maker said, according to The Japan Times. Japan Display said Friday it expected a final decision from the consortium by that day, after the Chinese-Taiwanese group had twice delayed confirming what was happening. The move by the fund, part of a consortium that has been considering a capital injection of up to 80 billion 740 million means Japan Display failed to formally secure the fresh funding ahead of its annual shareholders' general meeting Tuesday. ; Of the consortium's two other members, Taiwanese panel-maker TPK Holding Co. has dropped out from the bailout plan, Japan Display said in a statement. However, Oasis Management Co. of Hong Kong has stepped forward as a potential new sponsor with Harvest Tech Investment, Japan Display said. The Japanese maker also said some domestic and other overseas companies have shown interest in investing, without naming them. There is no change in the sum of the bailout scheme of up to 80 billion as disclosed in April, it said. (news.financializer.com). As reported in the news.