(Company
Registration No: 199508552K)
(Incorporated in the
Republic Of Singapore)
April
7, 2008
ASE
Test Announces Despatch of Scheme Document
April 7, 2008
¾
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
provider
s
of semiconductor testing
services.
It
pro
vides 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 N
ASDAQ
National Market un
der 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