ASE Rights Offering
Davis Polk advised Advanced Semiconductor Engineering, Inc. in connection with an SEC-registered rights offering of 240,000,000 common shares. The offering raised gross proceeds of approximately $269 million.
Based in Taiwan, ASE is one of the world’s leading companies in semiconductor packaging and testing. The common shares of ASE are listed on the Taiwan Stock Exchange, and its ADSs are listed on the New York Stock Exchange.
The Davis Polk corporate team included partner James C. Lin and counsel Terrence R. O’Donnell. Counsel Alon Gurfinkel and associate Veronica Orecharova provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.
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