Temasek Bids for STATS ChipPAC

(March 1, 2007) SINGAPORE &#151 Temasek Holdings Ltd.’s wholly owned subsidiary Singapore Technologies Semiconductors Pte Ltd. (STS) intends to launch a voluntary conditional cash offer for remaining, unowned shares (including shares represented by American Depositary Shares) in STATS ChipPAC. STS holds approximately 35.6% stake in the publicly traded packaging house.


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