TAICHUNG CITY, Taiwan, April 27, 2016 /PRNewswire/ -- Siliconware Precision Industries Co., Ltd. (TWSE: 2325,NASDAQ: SPIL) (the "Company") had previously resolved to conduct a private placement of common shares (the "Private Placement") pursuant to a board resolution on December 11, 2015 and had on even date executed a Share Subscription Agreement and Strategic Alliance Agreement with Tsinghua Unigroup Ltd. ("Unigroup"). Upon consideration of subjective and objective factors of the Company and Unigroup, the Company's board of directors resolved to terminate the Private Placement on April 28, 2016 and execute a termination agreement with Unigroup, mutually agreeing to terminate the aforementioned Share Subscription Agreement and Strategic Alliance Agreement. To this end, the Company's board of directors will authorize the chairman and/or another designated person to represent the Company in executing a termination agreement with Unigroup and to fully handle all matters relating to terminating the Private Placement in accordance with law.
Siliconware Precision Industries Co., Ltd.
No.45, Jieh Show Rd.
Hsinchu Science Park, Hsinchu
Janet Chen, IR Director
Mike Ma, Spokesperson
SOURCE Siliconware Precision Industries Co., Ltd.