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STATS ChipPAC Announces Cancellation of Remaining Convertible Notes Due 2008 Following Its Redemption
| Source: STATS ChipPAC
UNITED STATES--(Marketwire - June 11, 2008) - SINGAPORE -- 6/11/2008 -- STATS ChipPAC Ltd.
("STATS ChipPAC" or the "Company") (SGX-ST: STATSChP), a leading
semiconductor test and advanced packaging service provider, today announced
that the remaining US$3.7 million principal amount, representing
approximately 3.2% of the original principal amount, of its zero coupon
convertible notes due 2008 has been cancelled in accordance with the
indenture governing the convertible notes following its redemption on June
6, 2008.
About STATS ChipPAC Ltd.
STATS ChipPAC Ltd. ("STATS ChipPAC" or the "Company") (SGX-ST: STATSChP) is
a leading service provider of semiconductor packaging design, assembly,
test and distribution solutions in diverse end market applications
including communications, digital consumer and computing. With global
headquarters in Singapore, STATS ChipPAC has design, research and
development, manufacturing or customer support offices in 10 different
countries. STATS ChipPAC is listed on the Singapore Exchange Securities
Trading Limited ("SGX-ST"). Further information is available at
www.statschippac.com. Information contained in this website does not
constitute a part of this release.