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Siliconware Precision Industries Co., Ltd. (SPIL) and Advanced Semiconductor Engineering, Inc. (ASE) plan to implement a joint share exchange to establish ASE Industrial Holding Co., Ltd., making both companies wholly-owned subsidiaries.
“SPIL and ASE plan to implement the Joint Share Exchange, whereby ASE will file an application to establish Holdco, of which ASE and SPIL will become wholly-owned subsidiaries.”sec.gov
Summarized from public sources; check the original articles before acting on it.