ASE Test Announces Despatch of Scheme Document
07 Aprile 2008 - 12:30PM
PR Newswire (US)
TAIPEI, Taiwan, April 7, 2008 /Xinhua-PRNewswire-FirstCall/ -- The
board of directors of ASE Test Limited (Nasdaq: ASTSF; TAIEX: 9101;
"ASE Test" or the "Company") today announced that, in connection
with the proposed acquisition by Advanced Semiconductor
Engineering, Inc. ("ASE Inc.") of all the ordinary shares of ASE
Test which ASE Inc. does not directly or indirectly own by way of a
scheme of arrangement (the "Proposed Scheme"), the Company has
despatched to all its shareholders ("ASE Test Shareholders"), a
scheme document dated March 26, 2008 (the "Scheme Document")
containing, among other important information, details of the
Proposed Scheme, the advice of the financial advisor to the special
committee of the Company, the advice of the independent financial
advisor to the independent directors of the Company (the
"Independent Directors") and the recommendation of the Independent
Directors to ASE Test Shareholders. ASE Test Shareholders who do
not receive the Scheme Document within a week from the date hereof
may obtain a copy of the Scheme Document and any related documents
during normal business hours on any day prior to May 6, 2008, the
date of the court meeting convened for the purpose of considering
and approving the Proposed Scheme (the "Court Meeting"), from 10
West Fifth Street, Nantze Export Processing Zone, Kaohsuing,
Taiwan, Republic of China. Alternatively a ASE Test shareholder may
write to ASE Test at 10 West Fifth Street, Nantze Export Processing
Zone, Kaohsiung, Taiwan, Republic of China, Attention: Ms Eileen
Sih, to request a copy of the Scheme Document and any related
documents to be mailed to an address in the United States, the
Republic of China or the Republic of Singapore by ordinary post at
such shareholder's own risk. Such written requests must be received
no later than three business days prior to the date of the Court
Meeting. The notice of the Court Meeting was published on March 28,
2008 in the U.S. Wall Street Journal, Taiwan's Commercial Times and
the Singapore Business Times. About ASE Test ASE Test is one of the
world's largest independent providers of semiconductor testing
services. It provides customers with a complete range of
semiconductor testing services, including front-end engineering
test, wafer probe, final test and other test-related services. The
ordinary shares of ASE Test are quoted for trading on the NASDAQ
National Market under the symbol "ASTSF". ASE Test's Taiwan
Depository Shares, which represent its ordinary shares, are listed
for trading on the Taiwan Stock Exchange under the symbol "9101".
The directors of ASE Test (including those who may have delegated
detailed supervision of this press release) have taken all
reasonable care to ensure that the facts stated and opinions
expressed in this press release are fair and accurate and that no
material facts have been omitted from this announcement, and they
jointly and severally accept responsibility accordingly.
Forward-Looking Statements All statements other than statements of
historical facts included in this press release are or may be
forward looking statements. Forward-looking statements include but
are not limited to those using words such as "seek", "expect",
"anticipate", "estimate", "believe", "intend", "project", "plan",
"strategy", "forecast" and similar expressions or future or
conditional verbs such as "will", "would", "should", "could", "may"
and "might". These statements reflect ASE Test's current
expectations, beliefs, hopes, intentions or strategies regarding
the future and assumptions in light of currently available
information. Such forward-looking statements are not guarantees of
future performance or events and involve known and unknown risks
and uncertainties. Accordingly, actual results may differ
materially from those described in such forward-looking statements.
Shareholders and investors should not place undue reliance on such
forward-looking statements, and ASE Test undertakes no obligation
to update publicly or revise any forward-looking statements. For
further information please contact: Lehman Brothers Inc. Tel:
+852-2252-1047 Ken Hsiang (CFO) Tel: +1-510-687-2475 DATASOURCE:
ASE Test Limited CONTACT: Ken Hsiang, CFO of ASE Test,
+1-510-687-2475, or ; Lehman Brothers Inc. for ASE Test,
+852-2252-1047 Web site: http://www.asetest.com/
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