HSINCHU, Taiwan, Nov. 29, 2016 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) ("ChipMOS") today announced that due to the expected release of pending material information it has filed with the Taiwan Stock Exchange and the Taiwan Stock Exchange has approved to suspend the trading of the stock of ChipMOS on November 30, 2016 (Taipei time) pursuant to the Taiwan Stock Exchange Corporation Procedures for Verification and Disclosure of Material Information of Companies with Listed Securities. Therefore, the trading of ChipMOS stock will be suspended when the market opens at 9:00 a.m., November 30, 2016 (Taipei time). ChipMOS currently plans to hold a press conference before 5:00 pm, November 30, 2016 (Taipei time) (or 4:00 am, November 30, 2016, US Eastern) to release the pending material information. After the release of the material information, ChipMOS will make an application with the Taiwan Stock Exchange to resume the trading of its stock on December 1, 2016 (Taipei time) pending the approval of the Taiwan Stock Exchange. ChipMOS will make a separate public announcement in Taiwan with respect to the resumption of trading of its stock once the application has been approved by the Taiwan Stock Exchange.
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (http://www.chipmos.com) is an industry leading provider of semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan and Qingpu Industrial Zone in Shanghai, ChipMOS and its subsidiaries provide testing and assembly services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries. For more details, please refer to ChipMOS's website http://www.chipmos.com.
This press release contains certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. These risks and uncertainties include those discussed under "Cautionary Statement Concerning Forward Looking Statements" and "Risk Factors" in the prospectus included in the registration statement on Form F-4 that ChipMOS filed with the U.S. SEC.
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SOURCE ChipMOS TECHNOLOGIES INC.