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ASE Assembly & Test Limited to Acquire Shares of Wuxi Tongzhi Microelectronics from Toshiba

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Advanced Semiconductor Engineering. (NYSE: ASX) (the "ASE", or the "Company") hereby announces that in order to strengthen the capability of its Shanghai subsidiary for providing IC assembly and testing services, ASE will procure its wholly-owned subsidiary, ASE Assembly & Test (Shanghai) Limited (the "ASESH") to enter into an equity interests transfer agreement (the "EITA") with Toshiba Semiconductor (Wuxi) Co., Ltd. ("TSW") ( a subsidiary of Toshiba Corporation (OTC: TOSBF)). Under the EITA, ASESH will pay RMB 70 million to TSW to acquire 100% shares in Wuxi Tongzhi Microelectronics Co., Ltd. held by TSW.

 

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