Taiwan's E.Sun, Morgain Stanley sign MOU on bonds

TAIPEI, March 4 (Reuters) - Taiwan's E.Sun Financial Holding (2884.TW: Quote, Profile, Research, Stock Buzz) has signed a memorandum of understanding with Morgan Stanley Private Equity Asia for the latter to buy an E.Sun overseas convertible bond worth up to $300 million. The two companies are discussing other details, E.Sun said in a statement to the Taiwan Stock Exchange late on Monday. At 0227 GMT, E.Sun shares rose 2.85 percent to T$18.05, outpacing the main TAIEX's 1.58 percent gain. ($1=T$31.0) (Reporting by Baker Li, Editing by Ken Wills)