TAICHUNG, Oct. 15, 2015
/PRNewswire/ -- Siliconware Precision Industries Co. Ltd. (TWSE:
2325, NASDAQ: SPIL) (the "Company") filed a civil lawsuit against
Advanced Semiconductor Engineering, Inc. (TWSE 2311, NYSE: ASX)
("ASE") in ASE's domicile at the Kaohsiung District Court at
9:30 AM on October 15, 2015, requesting the court to confirm
ASE does not have the right to request registration as a
shareholder in the Company's shareholder register.
ASE conducted a tender offer of the Company's issued common
shares and American Depositary Receipts between August 24 and September 22, 2015,
claiming in its tender offer prospectus and at numerous public
occasions that its tender offer was a "purely financial
investment". However, ASE, both during the tender offer period and
after its completion, has acted with a competitor's mindset,
repeatedly criticizing the Company's proposed strategic alliance
with Hon Hai Precision Industry Co., Ltd. and aggressively
intervening in the Company's business operations, even clearly
stating in its lawsuit that the proposed strategic alliance will
affect the number of the Company's board of director seats it can
obtain. These various actions reveal ASE's "financial investment"
was in name only, when in actuality ASE is attempting to directly
and indirectly control the Company's business operations. SPIL
believes ASE's tender offer prospectus was a sham, concealing the
true purpose of ASE's tender offer, thereby ASE's tender offer
violated the Securities and Exchange Act, Fair Trade Act and other
related regulations and breaching public order, and thus should be
invalid.
The Company, in order to protect the rights of Company and all
its shareholders, is appealing to
the court to right the injustice of
ASE's tender offer. Once the court issues a judgment in this case,
the Company shall lawfully proceed with all procedures.
Contact:
Siliconware Precision Industries Co., Ltd.
No.45, Jieh Show Rd.
Hsinchu Science Park, Hsinchu
Taiwan, 30056
www.spil.com.tw
Janet Chen, IR Director
janet@spil.com.tw
+886-3-5795678#3675
Byron Chiang, Spokesperson
byronc@spil.com.tw
+886-3-5795678#3671
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SOURCE Siliconware Precision Industries Co., Ltd.