STATS ChipPAC gets $1b acquisition offer from Chinese firm

Taiwan subsidiaries are excluded.

STATS ChipPAC received an acquisition offer from Chinese chip-testing firm Jiangsu Changjiang Electronics Technology (JCET), and exclusive talks of the deal will continue until 30 Nov.

According to a media release, the Proposed Transaction does not include STATS’s subsidiaries in Taiwan, being 52%-owned STATS ChipPAC Taiwan Semiconductor Corporation and 100%-owned STATS ChipPAC Taiwan Co., Ltd.

The Proposed Transaction (which excludes the Taiwan Companies) will be for an aggregate purchase price of USD780 million for all the Shares.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia