Chipmos Tech New (IMOS) 19.55 $IMOS
UPDATE: MERGER APPROVED BY SHAREHOLDERS OF ChipMOS AND ChipMOS TAIWAN
PR Newswire - Fri Aug 12, 5:00AM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company"
(Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today announced that its shareholders have approved the merger (the "Merger" of ChipMOS with and into ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan", Taiwan Stock Exchange: 8150), a company limited by shares incorporated under the laws of the Republic of China and a 58.3% directly owned subsidiary of ChipMOS as of January 21, 2016, with ChipMOS Taiwan being the surviving company after the Merger at ChipMOS's annual general meeting of shareholders (the "Annual General Meeting" held today. It was announced that 83.41% of the outstanding shares ChipMOS were voted in favor of the Merger (1.03% of the outstanding shares of ChipMOS were voted against the Merger, 0.44% abstained, and 15.12% did not vote). In addition, 83.66% of the outstanding shares ChipMOS Taiwan were voted in favor of the Merger at the ChipMOS Taiwan Extraordinary General Meeting, which was also held today (0.0% of the outstanding shares of ChipMOS were voted against the Merger, 5.84% abstained, and 10.50% did not vote). Both ChipMOS and ChipMOS Taiwan expect to close the Merger by October 31, 2016.
IMOS: 19.55 (-0.04)
ChipMOS REPORTS JULY 2016 REVENUE
PR Newswire - Wed Aug 10, 3:10PM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company'' (NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today reported its unaudited consolidated revenue for the month of July 2016.
IMOS: 19.55 (-0.04)
ChipMOS REPORTS SECOND QUARTER 2016 RESULTS
PR Newswire - Wed Aug 10, 3:00PM CDT
2Q16 Highlights (as compared to 1Q16):
IMOS: 19.55 (-0.04)
ALERT: ISS and Glass Lewis Recommend ChipMOS Shareholders Vote "FOR" Proposed Merger
PR Newswire - Wed Aug 03, 10:26AM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company'' (NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today announced that Institutional Shareholder Services Inc. ("ISS" and Glass Lewis, two leading independent proxy voting and corporate governance advisory firms, recommended ChipMOS shareholders vote "For" the Company's proposed merger (the "Merger" with and into ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan", a company limited by shares incorporated under the laws of the Republic of China ("R.O.C." and a 58.3% directly owned subsidiary of ChipMOS as of January 21, 2016, with ChipMOS Taiwan being the surviving company after the Merger.
IMOS: 19.55 (-0.04)
ChipMOS TO HOLD AUGUST 12 ANNUAL GENERAL MEETING
PR Newswire - Tue Jun 21, 3:36PM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company" (Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today announced that it will hold its annual general meeting of shareholders (the "Annual General Meeting" on August 12, 2016, at 9:00 A.M. (Taipei Time) at No. 1, R&D Road 1, Hsinchu Science Park, Hsinchu, Taiwan, Republic of China ("ROC" for the following purposes:
IMOS: 19.55 (-0.04)
ChipMOS REPORTS MAY 2016 REVENUE
PR Newswire - Wed Jun 08, 5:00AM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company'' (NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today reported its unaudited consolidated revenue for the month of May 2016.
IMOS: 19.55 (-0.04)
Fiat Chrysler, Sotheby's, Chipmos Tech, Seadrill and Adidas AG highlighted as Zacks Bull and Bear of the Day
Zacks Equity Research - Zacks Investment Research - Tue May 17, 8:30AM CDT
Fiat Chrysler, Sotheby's, Chipmos Tech, Seadrill and Adidas AG highlighted as Zacks Bull and Bear of the Day
BID: 39.65 (-0.94), SDLP: 3.44 (-0.18), FCAU: 6.88 (-0.08), IMOS: 19.55 (-0.04)
The Simple Mechanics in Range-Trading 2016: Global Week Ahead
John Blank - Zacks Investment Research - Mon May 16, 10:10AM CDT
This Global Week Ahead started U.S. Treasuries at 1.73%. The markets show you a modest shift back into a "Risk-on" and long posture in this trading range. This rotation should catch your interest.
SDLP: 3.44 (-0.18), IMOS: 19.55 (-0.04)
ChipMOS TAIWAN SECURES NT$13.2 BILLION CREDIT FACILITY
PR Newswire - Mon May 16, 5:00AM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" (Nasdaq: IMOS) announced today that its majority-owned subsidiary, ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan" (TSE: 8150), has secured two new credit lines (aggregated as the "Credit Facility" from a syndicate of eleven Taiwan banks. The first credit line is a NT$8.3 billion (approximately US$257.9 million), five-year, floating rate, secured, non-revolving credit line. The second is a NT$4.9 billion (approximately US$152.3 million) unsecured, floating rate, revolving credit line. ChipMOS Taiwan expects to use the proceeds from the Credit Facility to refinance its existing bank debt and to provide additional working capital for general corporate purposes.
IMOS: 19.55 (-0.04)
ChipMOS REPORTS FIRST QUARTER 2016 RESULTS
PR Newswire - Thu May 12, 3:00PM CDT
1Q16 Highlights (as compared to 4Q15):
IMOS: 19.55 (-0.04)
The Zacks Analyst Blog Highlights: Intel, Advanced Micro Devices, ChipMOS TECHNOLOGIES (Bermuda), Exar and Himax Technologies
Zacks Equity Research - Zacks Investment Research - Wed May 11, 8:30AM CDT
The Zacks Analyst Blog Highlights: Intel, Advanced Micro Devices, ChipMOS TECHNOLOGIES (Bermuda), Exar and Himax Technologies
AMD: 7.40 (-0.09), EXAR: 9.10 (-0.08), HIMX: 10.62 (+0.84), INTC: 35.89 (+0.19), IMOS: 19.55 (-0.04)
Semiconductor Earnings to Watch This Week: IMOS, EXAR, HIMX
Zacks Equity Research - Zacks Investment Research - Tue May 10, 9:10AM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. (IMOS), Exar Corp. (EXAR) and Himax Technologies, Inc. (HIMX) will report earnings this week.
AMD: 7.40 (-0.09), EXAR: 9.10 (-0.08), INTC: 35.89 (+0.19), HIMX: 10.62 (+0.84), IMOS: 19.55 (-0.04)
ChipMOS REPORTS APRIL 2016 REVENUE
PR Newswire - Tue May 10, 5:00AM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company'' (NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today reported its unaudited consolidated revenue for the month of April 2016.
IMOS: 19.55 (-0.04)
ChipMOS SCHEDULES FIRST QUARTER 2016 FINANCIAL RESULTS CONFERENCE CALL
PR Newswire - Fri Apr 08, 5:10AM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company" (NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today announced that it will hold a conference call with investors and analysts at 7:00 p.m. Eastern Time on Thursday, May 12, 2016 (7:00 a.m. Taiwan time, Friday, May 13, 2016) to discuss the Company's first quarter 2016 financial results and management's outlook for the second quarter 2016.
IMOS: 19.55 (-0.04)
ChipMOS ISSUES COMMENT ON SATURDAY EARTHQUAKE; ONLY VERY MINOR IMPACT
PR Newswire - Fri Feb 05, 11:17PM CST
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company" (Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services, today confirmed that none of its employees were harmed by an earthquake that occurred at 3:57 AM local time Saturday in Southern Taiwan.
IMOS: 19.55 (-0.04)
ALERT: NT$600 MILLION REPURCHASE PROGRAM AUTHORIZED BY ChipMOS TAIWAN
PR Newswire - Thu Feb 04, 6:01AM CST
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company" (Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services, today announced that Board of Directors of ChipMOS TECHNOLOGIES INC., ("ChipMOS Taiwan", Taiwan Stock Exchange: 8150), the Company's 58.3% owned subsidiary has authorized a share repurchase program with the total amount up to NT$600 million (approximately US$17.9 million).
IMOS: 19.55 (-0.04)
SHAREHOLDERS OF ChipMOS TECHNOLOGIES APPROVE TSINGHUA UNIGROUP PRIVATE PLACEMENT
PR Newswire - Thu Jan 28, 5:00AM CST
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company" (Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today announced that the required greater than 50% of shareholders of ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan" have voted in person or by proxy to approve the proposed private placement ("Private Placement" with Tsinghua Unigroup Ltd. ("Tsinghua Unigroup". In total, 99.3% of the shares voted were voted in favor of the Private Placement, representing approximately 88.7% of the total shares outstanding of ChipMOS Taiwan. The proposed Private Placement remains subject to routine regulatory approvals in Taiwan.
IMOS: 19.55 (-0.04)
ChipMOS BERMUDA AND ChipMOS TAIWAN AGREE TO MERGE; ChipMOS BERMUDA HOLDERS TO RECEIVE US$19.77 IN CASH AND STOCK FOR EACH ChipMOS BERMUDA COMMON SHARE
PR Newswire - Thu Jan 21, 3:00AM CST
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company" (Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today announced that both the Board of Directors of the Company and the Board of Directors of its 58.3% owned subsidiary ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan", Taiwan Stock Exchange: 8150) have approved the merger of ChipMOS with and into ChipMOS Taiwan, with ChipMOS Taiwan becoming the surviving company. Under the agreement, ChipMOS shareholders will receive US$3.71 in cash, without interest, and 0.9355 American Depository Shares ("ADS" representing 18.71 shares of ChipMOS Taiwan (each ADS will represent 20 new common shares, par value of NT$10 each, to be issued by ChipMOS Taiwan) in exchange for each ChipMOS common share of par value US$0.04 currently held. This would represent US$19.77 in total consideration as of January 20, 2016 and a premium of 14.7% based on the average closing prices of ChipMOS and ChipMOS Taiwan on the Nasdaq and the Taiwan Stock Exchange for the 3 trading days ending January 20, 2016 and an exchange rate of NT$33.785 to US$1.0. The merger is consistent with the ongoing efforts to simplify and streamline the group structure, reduce operating costs in order to enhance operation efficiency, and achieve a more efficient tax structure. ChipMOS Taiwan's Board of Directors has also approved the establishment of a new U.S. American Depositary Receipt program to facilitate the merger and to foster ongoing market liquidity of its shares. An application will be submitted for the listing of the new ADSs on the NASDAQ, and the issuance of approximately 510,595 thousand common shares which will be represented by the new ADSs to be issued as part of the consideration for the merger with ChipMOS.
IMOS: 19.55 (-0.04)
ChipMOS REPORTS DECEMBER 2015 AND 4Q15 REVENUE
PR Newswire - Fri Jan 08, 5:00AM CST
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company'' (NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today reported its unaudited consolidated revenue for the month of December 2015 and for the fourth quarter ended December 31, 2015.
IMOS: 19.55 (-0.04)
New Strong Sell Stocks for January 4th
Zacks Equity Research - Zacks Investment Research - Mon Jan 04, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Monday
ARCX: 14.73 (-0.20), ATI: 17.06 (-0.54), LFC: 11.91 (-0.23), BP: 33.86 (-0.24), IMOS: 19.55 (-0.04)
UPDATE: MERGER APPROVED BY SHAREHOLDERS OF ChipMOS AND ChipMOS TAIWAN
PR Newswire - Fri Aug 12, 5:00AM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company"
(Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today announced that its shareholders have approved the merger (the "Merger" of ChipMOS with and into ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan", Taiwan Stock Exchange: 8150), a company limited by shares incorporated under the laws of the Republic of China and a 58.3% directly owned subsidiary of ChipMOS as of January 21, 2016, with ChipMOS Taiwan being the surviving company after the Merger at ChipMOS's annual general meeting of shareholders (the "Annual General Meeting" held today. It was announced that 83.41% of the outstanding shares ChipMOS were voted in favor of the Merger (1.03% of the outstanding shares of ChipMOS were voted against the Merger, 0.44% abstained, and 15.12% did not vote). In addition, 83.66% of the outstanding shares ChipMOS Taiwan were voted in favor of the Merger at the ChipMOS Taiwan Extraordinary General Meeting, which was also held today (0.0% of the outstanding shares of ChipMOS were voted against the Merger, 5.84% abstained, and 10.50% did not vote). Both ChipMOS and ChipMOS Taiwan expect to close the Merger by October 31, 2016. IMOS: 19.55 (-0.04)
ChipMOS REPORTS JULY 2016 REVENUE
PR Newswire - Wed Aug 10, 3:10PM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company''
(NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today reported its unaudited consolidated revenue for the month of July 2016. IMOS: 19.55 (-0.04)
ChipMOS REPORTS SECOND QUARTER 2016 RESULTS
PR Newswire - Wed Aug 10, 3:00PM CDT
2Q16 Highlights (as compared to 1Q16):
IMOS: 19.55 (-0.04)
ALERT: ISS and Glass Lewis Recommend ChipMOS Shareholders Vote "FOR" Proposed Merger
PR Newswire - Wed Aug 03, 10:26AM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company''
(NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today announced that Institutional Shareholder Services Inc. ("ISS" and Glass Lewis, two leading independent proxy voting and corporate governance advisory firms, recommended ChipMOS shareholders vote "For" the Company's proposed merger (the "Merger" with and into ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan", a company limited by shares incorporated under the laws of the Republic of China ("R.O.C." and a 58.3% directly owned subsidiary of ChipMOS as of January 21, 2016, with ChipMOS Taiwan being the surviving company after the Merger. IMOS: 19.55 (-0.04)
ChipMOS TO HOLD AUGUST 12 ANNUAL GENERAL MEETING
PR Newswire - Tue Jun 21, 3:36PM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company"
(Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today announced that it will hold its annual general meeting of shareholders (the "Annual General Meeting" on August 12, 2016, at 9:00 A.M. (Taipei Time) at No. 1, R&D Road 1, Hsinchu Science Park, Hsinchu, Taiwan, Republic of China ("ROC" for the following purposes: IMOS: 19.55 (-0.04)
ChipMOS REPORTS MAY 2016 REVENUE
PR Newswire - Wed Jun 08, 5:00AM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company''
(NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today reported its unaudited consolidated revenue for the month of May 2016. IMOS: 19.55 (-0.04)
Fiat Chrysler, Sotheby's, Chipmos Tech, Seadrill and Adidas AG highlighted as Zacks Bull and Bear of the Day
Zacks Equity Research - Zacks Investment Research - Tue May 17, 8:30AM CDT
Fiat Chrysler, Sotheby's, Chipmos Tech, Seadrill and Adidas AG highlighted as Zacks Bull and Bear of the Day
BID: 39.65 (-0.94), SDLP: 3.44 (-0.18), FCAU: 6.88 (-0.08), IMOS: 19.55 (-0.04)
The Simple Mechanics in Range-Trading 2016: Global Week Ahead
John Blank - Zacks Investment Research - Mon May 16, 10:10AM CDT
This Global Week Ahead started U.S. Treasuries at 1.73%. The markets show you a modest shift back into a "Risk-on" and long posture in this trading range. This rotation should catch your interest.
SDLP: 3.44 (-0.18), IMOS: 19.55 (-0.04)
ChipMOS TAIWAN SECURES NT$13.2 BILLION CREDIT FACILITY
PR Newswire - Mon May 16, 5:00AM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS"
(Nasdaq: IMOS) announced today that its majority-owned subsidiary, ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan" (TSE: 8150), has secured two new credit lines (aggregated as the "Credit Facility" from a syndicate of eleven Taiwan banks. The first credit line is a NT$8.3 billion (approximately US$257.9 million), five-year, floating rate, secured, non-revolving credit line. The second is a NT$4.9 billion (approximately US$152.3 million) unsecured, floating rate, revolving credit line. ChipMOS Taiwan expects to use the proceeds from the Credit Facility to refinance its existing bank debt and to provide additional working capital for general corporate purposes. IMOS: 19.55 (-0.04)
ChipMOS REPORTS FIRST QUARTER 2016 RESULTS
PR Newswire - Thu May 12, 3:00PM CDT
1Q16 Highlights (as compared to 4Q15):
IMOS: 19.55 (-0.04)
The Zacks Analyst Blog Highlights: Intel, Advanced Micro Devices, ChipMOS TECHNOLOGIES (Bermuda), Exar and Himax Technologies
Zacks Equity Research - Zacks Investment Research - Wed May 11, 8:30AM CDT
The Zacks Analyst Blog Highlights: Intel, Advanced Micro Devices, ChipMOS TECHNOLOGIES (Bermuda), Exar and Himax Technologies
AMD: 7.40 (-0.09), EXAR: 9.10 (-0.08), HIMX: 10.62 (+0.84), INTC: 35.89 (+0.19), IMOS: 19.55 (-0.04)
Semiconductor Earnings to Watch This Week: IMOS, EXAR, HIMX
Zacks Equity Research - Zacks Investment Research - Tue May 10, 9:10AM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. (IMOS), Exar Corp. (EXAR) and Himax Technologies, Inc. (HIMX) will report earnings this week.
AMD: 7.40 (-0.09), EXAR: 9.10 (-0.08), INTC: 35.89 (+0.19), HIMX: 10.62 (+0.84), IMOS: 19.55 (-0.04)
ChipMOS REPORTS APRIL 2016 REVENUE
PR Newswire - Tue May 10, 5:00AM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company''
(NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today reported its unaudited consolidated revenue for the month of April 2016. IMOS: 19.55 (-0.04)
ChipMOS SCHEDULES FIRST QUARTER 2016 FINANCIAL RESULTS CONFERENCE CALL
PR Newswire - Fri Apr 08, 5:10AM CDT
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company"
(NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today announced that it will hold a conference call with investors and analysts at 7:00 p.m. Eastern Time on Thursday, May 12, 2016 (7:00 a.m. Taiwan time, Friday, May 13, 2016) to discuss the Company's first quarter 2016 financial results and management's outlook for the second quarter 2016. IMOS: 19.55 (-0.04)
ChipMOS ISSUES COMMENT ON SATURDAY EARTHQUAKE; ONLY VERY MINOR IMPACT
PR Newswire - Fri Feb 05, 11:17PM CST
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company"
(Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services, today confirmed that none of its employees were harmed by an earthquake that occurred at 3:57 AM local time Saturday in Southern Taiwan. IMOS: 19.55 (-0.04)
ALERT: NT$600 MILLION REPURCHASE PROGRAM AUTHORIZED BY ChipMOS TAIWAN
PR Newswire - Thu Feb 04, 6:01AM CST
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company"
(Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services, today announced that Board of Directors of ChipMOS TECHNOLOGIES INC., ("ChipMOS Taiwan", Taiwan Stock Exchange: 8150), the Company's 58.3% owned subsidiary has authorized a share repurchase program with the total amount up to NT$600 million (approximately US$17.9 million). IMOS: 19.55 (-0.04)
SHAREHOLDERS OF ChipMOS TECHNOLOGIES APPROVE TSINGHUA UNIGROUP PRIVATE PLACEMENT
PR Newswire - Thu Jan 28, 5:00AM CST
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company"
(Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today announced that the required greater than 50% of shareholders of ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan" have voted in person or by proxy to approve the proposed private placement ("Private Placement" with Tsinghua Unigroup Ltd. ("Tsinghua Unigroup". In total, 99.3% of the shares voted were voted in favor of the Private Placement, representing approximately 88.7% of the total shares outstanding of ChipMOS Taiwan. The proposed Private Placement remains subject to routine regulatory approvals in Taiwan. IMOS: 19.55 (-0.04)
ChipMOS BERMUDA AND ChipMOS TAIWAN AGREE TO MERGE; ChipMOS BERMUDA HOLDERS TO RECEIVE US$19.77 IN CASH AND STOCK FOR EACH ChipMOS BERMUDA COMMON SHARE
PR Newswire - Thu Jan 21, 3:00AM CST
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company"
(Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today announced that both the Board of Directors of the Company and the Board of Directors of its 58.3% owned subsidiary ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan", Taiwan Stock Exchange: 8150) have approved the merger of ChipMOS with and into ChipMOS Taiwan, with ChipMOS Taiwan becoming the surviving company. Under the agreement, ChipMOS shareholders will receive US$3.71 in cash, without interest, and 0.9355 American Depository Shares ("ADS" representing 18.71 shares of ChipMOS Taiwan (each ADS will represent 20 new common shares, par value of NT$10 each, to be issued by ChipMOS Taiwan) in exchange for each ChipMOS common share of par value US$0.04 currently held. This would represent US$19.77 in total consideration as of January 20, 2016 and a premium of 14.7% based on the average closing prices of ChipMOS and ChipMOS Taiwan on the Nasdaq and the Taiwan Stock Exchange for the 3 trading days ending January 20, 2016 and an exchange rate of NT$33.785 to US$1.0. The merger is consistent with the ongoing efforts to simplify and streamline the group structure, reduce operating costs in order to enhance operation efficiency, and achieve a more efficient tax structure. ChipMOS Taiwan's Board of Directors has also approved the establishment of a new U.S. American Depositary Receipt program to facilitate the merger and to foster ongoing market liquidity of its shares. An application will be submitted for the listing of the new ADSs on the NASDAQ, and the issuance of approximately 510,595 thousand common shares which will be represented by the new ADSs to be issued as part of the consideration for the merger with ChipMOS. IMOS: 19.55 (-0.04)
ChipMOS REPORTS DECEMBER 2015 AND 4Q15 REVENUE
PR Newswire - Fri Jan 08, 5:00AM CST
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company''
(NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT", today reported its unaudited consolidated revenue for the month of December 2015 and for the fourth quarter ended December 31, 2015. IMOS: 19.55 (-0.04)
New Strong Sell Stocks for January 4th
Zacks Equity Research - Zacks Investment Research - Mon Jan 04, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Monday
ARCX: 14.73 (-0.20), ATI: 17.06 (-0.54), LFC: 11.91 (-0.23), BP: 33.86 (-0.24), IMOS: 19.55 (-0.04)
