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ASE Malaysia is part of Advanced Semiconductor Engineering (ASE) Group, the world's largest provider of independent semiconductor manufacturing services in assembly and test based in
ASE Malaysia is part of Advanced Semiconductor Engineering (ASE) Group, the world's largest provider of independent semiconductor manufacturing services in assembly and test based in Penang, Malaysia. As a global leader, ASE provides a complete scope of services for the semiconductor market; driven by superior technologies, breakthrough innovations, and advanced development program. The company is looking at setting up a manufacturing plant overseas to produce a new line of semiconductor product called XYZ. This will be a five-year project. The company bought some land three years ago for RM7.5 million in anticipation of using it as a toxic dump site for waste chemicals, but it built a piping system to safely discard the chemicals instead. The land was appraised last week for RM7.1 million. In five years, the after-tax value of the land will be RM7.4 million, but the company expects to keep the land for a future project The company wants to build its new manufacturing plant on this land; the plant and equipment will cost RM40 million to build. The following market data on ASE's securities is current KIH Page 2 of 4
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