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3355 - Advanced Semiconductor Manufacturing Co News Story

HK$1.49 0.0  0.0%

Last Trade - 17/01/19

Sector
Technology
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £119.9m
Position in Universe th / 5983

BRIEF-Advanced Semiconductor Manufacturing Co Announces Proposed Privatisation By GTA

Oct 30 (Reuters) - Advanced Semiconductor Manufacturing Co
Ltd  3355.HK :
    * GTA SEMICONDUCTOR AND ADVANCED SEMICONDUCTOR MANUFACTURING
CORP
ENTERED INTO MERGER AGREEMENT
    * GTA WILL PAY CANCELLATION PRICE OF HK$1.50 PER ASMC H
SHARE AND
PER ASMC UNLISTED FOREIGN SHARES
    * MADE APPLICATION TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN
ASMC H SHARES FROM 9:00 A.M. ON 31 OCT
    * UNDER PROPOSAL CONSIDERATION PAID BY GTA IS RMB519.03
MILLION
FOR ASMC DOMESTIC SHARES
    * UNDER PROPOSAL, GTA TO PAY ABOUT HK$1,715.97 MILLION FOR
ASMC H
SHARES AND ASMC UNLISTED FOREIGN SHARES

Source text for Eikon:  ID:nHKSJJ4FX 
Further company coverage:  3355.HK 

 ((Reuters.Briefs@thomsonreuters.com;))
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