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Business 24 Sep 2015 | 12:00 AM Premium

Chip packager ASE wins fight for US$1.1bil stake in rival

TAIPEI: Advanced Semiconductor Engineer-ing Co won its battle to buy a US$1.1bil stake in Silicon Precision Industry Co (SPIL) in a rare hostile Taiwan offer.

Business 05 Jul 2012 | 12:00 AM Premium

Perdana divestment positive

THE sale of Perdana’s 26.9% stake in Petra Energy to Wah Seong is long overdue as it lost control of the latter in financial year ended Dec 31, 2009 (FY09). The block is valued at RM97mil, which is set to help Perdana trim its debt and return to profitability.

Business 02 Mar 2006 | 12:00 AM Premium

STATS ChipPAC sees robust 2006

STATS ChipPAC Ltd, the world's fourth largest microchip test and packaging company, said yesterday its 2006 revenue growth was likely to exceed the outsourced chip packaging industry's 12%-16%, thanks to a rebound in semiconductor demand.