ASE Reports Satisfaction Of Minimum Condition For SPIL Shares

(RTTNews) - Advanced Semiconductor Engineering, Inc. (ASX) or ASE said that in connection with the offer to purchase for cash up to 779 million common shares of Siliconware Precision Industries Co., Ltd. or SPIL, as of 10 a.m. Taiwan time Thursday, the number of common shares tendered reached 156.55 million, exceeding 155.82 million common shares, which satisfied the minimum condition of the offer.

As the minimum condition has been satisfied, ASE will pay NT$45 per common share and NT$225 per ADS payable in U.S. dollars on or before September 30. There are concurrent tender offers in the U.S. and in the Republic of China.

The company urged the holders of SPIL shareholders who would like to participate in the tender offers to tender their common shares or ADSs as soon as possible before the expiration date.