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Stock Market & Financial Investment News

News Breaks
January 30, 2013
05:31 EDTASXAdvanced Semiconductor reports Q4 EPS 10c, one estimate 7c
News For ASX From The Last 14 Days
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January 15, 2015
05:37 EDTASXASE announces spin-off of subsidiary Universal Scientific Industrial
Advanced Semiconductor announces that today its board passed resolutions to spin-off of its subsidiary Universal Scientific Industrial as part of an effort to enhance operational flexibility via structural adjustments. Where necessary, ASE will integrate the business activities of USI with those of other business entities within the group with the aim of achieving increased integral operational efficiency by integrating various group resources dedicated to specialized business operations. At today's board meeting, subsidiary USI also passed resolutions authorizing the spin-off as well as capital reduction proposals that will assign its investment business with an estimated value of NTD 35.5 billion to USI, a newly established business entity.

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