Contact:
ASE, Inc.
Room 1901, No. 333, Section 1
Keelung Road, Taipei, Taiwan, 110
Tel: + 886.2.6636.5678
Fax: + 886.2.2757.6121
http://www.aseglobal.com
|
Joseph Tung, CFO / Vice President
Allen Kan, Director
ir@aseglobal.com
Clare Lin, Senior Director (US Contact)
clare.lin@aseus.com
Tel: + 1. 408.636.9524
|
ADVANCED SEMICONDUCTOR ENGINEERING, INC. ANNOUNCED ITS SUBSIDIARY, UNIVERSAL SCIENTIFIC INDUSTRIAL (SHANGHAI) CO., LTD., HAS PRICED ITS INITIAL PUBLIC OFFERING ON THE SHANGHAI STOCK EXCHANGE
Taipei, Taiwan, R.O.C., February 14, 2012 – Advanced Semiconductor Engineering, Inc. (TAIEX: 2311, NYSE: ASX) (hereinafter “ASE”, or the “Company”) announced that Universal Scientific Industrial (Shanghai) Co., Ltd. (“Universal Scientific Shanghai”), a PRC company in which ASE currently indirectly owns a 99.19% interest through its subsidiaries Universal Scientific Industrial Co., Ltd. and ASE (Shanghai) Inc., has priced its initial public offering on the Shanghai Stock Exchange at RMB7.6 per share (the “IPO”). Universal Scientific Shanghai will issue no more than 106.8 million shares in the IPO. Total proceeds to Universal Scientific Shanghai from the IPO will be approximately RMB811.68 million prior to deducting underwriting discounts and commissions. Following the IPO, ASE will hold no less than 88.72% of Universal Scientific Shanghai’s total outstanding shares through its subsidiaries Universal Scientific Industrial Co., Ltd. and ASE (Shanghai) Inc.
This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities referred to herein. This announcement is not, and is not intended to be, an offer of securities of the Universal Scientific for sale, or the solicitation of an offer to buy securities of Universal Scientific, in the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act, or any state securities laws of the United States, and may not be offered or sold within the United States (as defined in Regulation S under the U.S. Securities Act) except pursuant to an exemption under, or in a transaction not subject to, the U.S. Securities Act. No public offer of the securities referred to herein is being or will be made in the United States.
Safe Harbor Notice
This filing 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 2010 Annual Report on Form 20-F filed on June 17, 2011.