Board Approves Plant Purchase by Subsidiary ASE Singapore Pte. Ltd.
Original: 代子公司ASE Singapore Pte. Ltd. 公告董事會決議通過購買廠房
Summary
ASE Technology Holding disclosed, on behalf of its subsidiary ASE Singapore Pte. Ltd., that the board of directors has resolved to approve the purchase of a manufacturing facility in Singapore. The acquisition suggests a planned expansion or consolidation of production capacity in the Singapore operations. Full body available on MOPS.
Full Translation
On behalf of subsidiary ASE Singapore Pte. Ltd., ASE Technology Holding (3711) announces that the board of directors has passed a resolution approving the purchase of a factory/plant (廠房). ASE Singapore Pte. Ltd. is an indirect wholly-owned subsidiary engaged in semiconductor packaging and test operations in Singapore. A board-approved plant purchase indicates a capital expenditure commitment to expand, upgrade, or consolidate manufacturing footprint at the Singapore entity. The transaction size, location specifics, and closing conditions are not available from the subject line alone. [Body not available — subject line only. See MOPS for full announcement.]