ASE Inc. Press Release: All Conditions to the USI Tender Offer Satisfied
January 28 2010 - 3:30AM
PR Newswire (US)
TAIPEI, Taiwan, Jan. 28 /PRNewswire-Asia-FirstCall/ -- Advanced
Semiconductor Engineering, Inc. (TAIEX: 2311; NYSE: ASX)
(hereinafter "ASE", or the "Company") along with its two
subsidiaries, J&R Holding Limited and ASE Test Limited, today
announced that all the conditions to the cash and stock tender
offer to buy all of the outstanding common shares of Universal
Scientific Industrial Co., Ltd. (TAIEX: 2350) (hereinafter "USI")
have been satisfied. The Fair Trade Commission has approved the
enterprise merger between the Company and USI on December 15th,
2009. J&R Holding Limited and ASE Test Limited have also
received the Investment Commission's approval on January 27th,
2010. In addition, the number of common shares of USI tendered by
the shareholders has exceeded 54,734,851 on December 28th, 2009.
ASE plans to conduct the tender offer until 3:30pm on February 3rd,
2010. Safe Harbor Notice This press release contains
"forward-looking statements" within the meaning of Section 27A of
the United States Securities Act of 1933, as amended, and Section
21E of the United States Securities Exchange Act of 1934, as
amended, including statements regarding our future results of
operations and business prospects. Although these forward-looking
statements, which may include statements regarding our future
results of operations, financial condition or business prospects,
are based on our own information and information from other sources
we believe to be reliable, you should not place undue reliance on
these forward-looking statements, which apply only as of the date
of this presentation. The words "anticipate", "believe",
"estimate", "expect", "intend", "plan" and similar expressions, as
they relate to us, are intended to identify these forward-looking
statements in this presentation. Our actual results of operations,
financial condition or business prospects may differ materially
from those expressed or implied in these forward-looking statements
for a variety of reasons, including risks associated with
cyclicality and market conditions in the semiconductor industry;
demand for the outsourced semiconductor packaging and testing
services we offer and for such outsourced services generally; the
highly competitive semiconductor industry; our ability to introduce
new packaging, interconnect materials and testing technologies in
order to remain competitive; our ability to successfully integrate
pending and future mergers and acquisitions; international business
activities; our business strategy; general economic and political
conditions, including the recent global financial crisis; possible
disruptions in commercial activities caused by natural or
human-induced disasters; our future expansion plans and capital
expenditures; the strained relationship between the Republic of
China and the People's Republic of China; fluctuations in foreign
currency exchange rates; and other factors. For a discussion of
these risks and other factors, please see the documents we file
from time to time with the Securities and Exchange Commission,
including our 2008 Annual Report on Form 20-F filed on June 24,
2009. Contact: ASE, Inc. Room 1901, No. 333, Section 1 Keelung
Road, Taipei, Taiwan, 110 Tel: +886-2-8780-5489 Fax:
+886-2-2757-6121 http://www.aseglobal.com/ Joseph Tung, CFO/Vice
President Allen Kan, Manager DATASOURCE: Advanced Semiconductor
Engineering, Inc. CONTACT: Joseph Tung, CFO and Vice President,
Allen Kan, Manager, both of ASE, Inc., +886-2-8780-5489, Fax,
+886-2-2757-6121, Web site: http://www.aseglobal.com/
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