ASE Technology Holding's Malaysian Subsidiary Plans US$120 Million Capital Increase
ASE Technology Holding announced that its Malaysian subsidiary, ASE Electronics (M) Sdn. Bhd., has resolved to conduct a cash capital increase of US$120 million to fund the acquisition of shares in Analog Devices Sdn. Bhd. This move aims to strengthen ASE Technology Holding's business in Malaysia.
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- 📰 Published: April 28, 2026 at 22:38
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ASEAN Financial Special Report (Total 300 articles)
Central News Agency
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(Central News Agency, Taipei, April 28) ASE Technology Holding announced today that the board of directors of its subsidiary, ASE Electronics (M) Sdn. Bhd., resolved to issue new shares through a cash capital increase, totaling 120 million US dollars.
ASE Technology Holding pointed out that the purpose of this capital increase by ASE Electronics (M) Sdn. Bhd. is to meet the funding needs for acquiring shares in Analog Devices Sdn. Bhd.
The number of new shares to be issued in this cash capital increase will be converted into an equivalent amount in Malaysian Ringgit based on the exchange rate announced by Bank Negara Malaysia on the settlement date, and then the number of shares will be calculated at an issue price of 1 Malaysian Ringgit per share.
According to information, ASE Electronics (M) Sdn. Bhd., ASE's Penang, Malaysia packaging and testing plant, was established in February 1991. Its products include lead frame packaging, wire bond BGA packaging, flip-chip packaging, memory packaging, and wafer-level chip-scale packaging (WLCSP); in addition, ASE also has investment companies in Malaysia, ASE Investment (Labuan) Inc. and ASE Labuan Inc. 1150428
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Central News Agency
Seize the New Southbound Policy, look to the economic pulse of ASEAN. Central News Agency's "Southeast Asia Financial Information Network" daily selects multiple financial headlines from Thailand, Vietnam, Indonesia, Malaysia, the Philippines, and other countries for you. Whether it's new government policies, industry trends, or investment opportunities, it allows you to grasp key information in real-time, understand the market, and seize business opportunities.
(Central News Agency, Taipei, April 28) ASE Technology Holding announced today that the board of directors of its subsidiary, ASE Electronics (M) Sdn. Bhd., resolved to issue new shares through a cash capital increase, totaling 120 million US dollars.
ASE Technology Holding pointed out that the purpose of this capital increase by ASE Electronics (M) Sdn. Bhd. is to meet the funding needs for acquiring shares in Analog Devices Sdn. Bhd.
The number of new shares to be issued in this cash capital increase will be converted into an equivalent amount in Malaysian Ringgit based on the exchange rate announced by Bank Negara Malaysia on the settlement date, and then the number of shares will be calculated at an issue price of 1 Malaysian Ringgit per share.
According to information, ASE Electronics (M) Sdn. Bhd., ASE's Penang, Malaysia packaging and testing plant, was established in February 1991. Its products include lead frame packaging, wire bond BGA packaging, flip-chip packaging, memory packaging, and wafer-level chip-scale packaging (WLCSP); in addition, ASE also has investment companies in Malaysia, ASE Investment (Labuan) Inc. and ASE Labuan Inc. 1150428
Choose to stand with facts, every sponsorship you provide is a force to protect press freedom.
Download the Central News Agency 'First-hand News' APP to instantly grasp the latest news.
The text, images, and audio-visual content of this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.