Semiconductor Equipment / Testing

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STATS ChipPAC Ltd Announces Voluntary Liquidation Of Subsidiaries

Sunday, 13 Oct 2013 06:51pm EDT

STATS ChipPAC Ltd announced the following subsidiaries of the Company will be placed under voluntary liquidation on October 14, 2013: STATS Holdings Limited (incorporated in British Virgin Islands); ChipPAC Luxembourg S.a.r.l (incorporated in Luxembourg) and ChipPAC Liquidity Management Hungary Limited Liability Company (incorporated in Hungary). The voluntary liquidation of the above mentioned subsidiaries is not expected to have any material impact on the consolidated net tangible assets or earnings per share of the Company for the financial year ending December 29, 2013.

TESEC Corp Announces Result of Early-retirement Program; Expects Extraordinary Loss for Q2 of FY 2014

Tuesday, 24 Sep 2013 04:00am EDT

TESEC Corp announced that 31 employees have taken up the offer of an early-retirement program. The retirement date is September 30, 2013. The Company expects JPY 155 million extraordinary loss on the retirement payment for the second quarter of the fiscal year ending March 2014.

STATS ChipPAC Ltd Announces Voluntary Liquidation Of Subsidiary

Tuesday, 17 Sep 2013 06:14am EDT

STATS ChipPAC Ltd announced that STATS ChipPAC Semiconductor Shanghai Co., Ltd. (“STATS ChipPAC Semiconductor Shanghai”), an inactive wholly-owned subsidiary of the Company incorporated in China has been placed under voluntary liquidation.

Seiwa Electric Mfg Co Ltd to Merge with Wholly Owned Subsidiary

Wednesday, 11 Sep 2013 03:00am EDT

Seiwa Electric Mfg Co Ltd announced that it has decided to merge with a wholly owned subsidiary, which is engaged in human labor outsource business and contract business for manufacturing companies, based in Kyoto, effective November 1, 2013. After this, the Company will be the surviving company and the subsidiary will be dissolved.

JAPAN ELECTRONIC MATERIALS CORP to Dissolve Subsidiary; Announces Waiver of Debt

Tuesday, 3 Sep 2013 12:00am EDT

JAPAN ELECTRONIC MATERIALS CORP announced that it has decided to dissolve a 60%-owned subsidiary, JEM FINE TEC CORP. Due to this development, the Company is expecting to waive the obligations of JPY 495 million of the subsidiary.

Zen Voce Corp to Take Over Companies from Subsidiary

Monday, 2 Sep 2013 05:58am EDT

Zen Voce Corp announced that its subsidiary, Zen Voce Holdings Pte Ltd, has decided to transfer wholly owned subsidiaries, Solution Integration Pte Ltd., Truxton Limited and Zen Voce Manufacturing Pte Ltd to the Company.

TESEC Corp to Offer Early-retirement Program

Tuesday, 20 Aug 2013 02:30am EDT

TESEC Corp announced that it plans to offer an early-retirement program to its employees over 40 years old during the period from September 2, 2013 to September 17, 2013. The employees will be offered retirement pay, additional benefits and outplacement support. The Company expects approximately 30 employees to take up the offer with the retirement date of September 30, 2013.

Eva Technologies Co Ltd to Dissolve Sub-subsidiary

Tuesday, 13 Aug 2013 05:54am EDT

Eva Technologies Co Ltd announced that it will dissolve its 85.71%-owned sub-subsidiary EVA Korea Co., Ltd..

TAZMO CO LTD Announces Outcome of Early Retirement Program; Expects Extraordinary Loss for FY 2013

Monday, 5 Aug 2013 02:30am EDT

TAZMO CO LTD announced that 33 employees have taken up the offer of an early retirement program, offered during the period from June 19, 2013 to July 5, 2013. The employees who took up the offer will retire on August 31, 2013. The Company is expecting an extraordinary loss of approximately JPY 67 million, due o the payment of special benefits and outplacement support costs, for the fiscal year ending December 2013.

TAZMO CO LTD Dissolves Sub-subsidiary

Monday, 5 Aug 2013 02:30am EDT

TAZMO CO LTD announced that it has decided to dissolve a sub-subsidiary, which is engaged in assembling and manufacturing of semiconductor manufacturing equipment, effective August 5, 2013.

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