07-11-2014, 07:13 AM
http://www.businesstimes.com.sg/governme...china-firm
STATS ChipPAC attracts US$780m bid from China firm
JCET's S$0.452 per share offer compares against S'pore chipmaker's last traded price of S$0.58, a discount of 20%
By
Jamie Lee leejamie@sph.com.sg@JamieLeeBT
BT_20141107_JLSTATS7_1355902.jpg Given the ongoing restructuring process at STATS ChipPAC's Taiwanese units, the sale transaction will not include the two units at this point, which have a book value of US$80.9 million. BLOOMBERG FILE PHOTO
7 Nov5:50 AM
Singapore
STATS ChipPAC is inching towards the arms of Jiangsu Changjiang Electronics Technology (JCET), with the Chinese buyer proposing on Thursday a muted US$780 million bid for most of the Singapore chipmaker.
But this courtship, already made public earlier this year, has more
STATS ChipPAC attracts US$780m bid from China firm
JCET's S$0.452 per share offer compares against S'pore chipmaker's last traded price of S$0.58, a discount of 20%
By
Jamie Lee leejamie@sph.com.sg@JamieLeeBT
BT_20141107_JLSTATS7_1355902.jpg Given the ongoing restructuring process at STATS ChipPAC's Taiwanese units, the sale transaction will not include the two units at this point, which have a book value of US$80.9 million. BLOOMBERG FILE PHOTO
7 Nov5:50 AM
Singapore
STATS ChipPAC is inching towards the arms of Jiangsu Changjiang Electronics Technology (JCET), with the Chinese buyer proposing on Thursday a muted US$780 million bid for most of the Singapore chipmaker.
But this courtship, already made public earlier this year, has more