SOURCE: STATS ChipPAC

June 11, 2008 07:21 ET

STATS ChipPAC Announces Cancellation of Remaining Convertible Notes Due 2008 Following Its Redemption

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.

Contact Information

  • Investor Relations Contact:
    Tham Kah Locke
    Vice President of Corporate Finance
    Tel: (65) 6824 7788
    Fax: (65) 6720 7826
    email: Email Contact

    Media Contact:
    Lisa Lavin
    Deputy Director of Corporate Communications
    Tel: (208) 939 3104
    Fax: (208) 939 4817
    email: Email Contact