STATS ChipPAC incorporates subsidiary in Thailand
It will provide IT support services to affiliated companies.
The Board of Directors of STATS ChipPAC Ltd. announced that it has incorporated STATS ChipPAC Services (Thailand) Limited.
Issued and paid-up share capital is 750,000 Baht comprising 7,500 ordinary shares.
The incorporation of the subsidiary is not expected to have any material impact on STATS ChipPAC’s consolidated net tangible assets per share or earnings per share for the current financial year ending 30 December 2012.