STATS Adds Director

(August 6, 2007) SINGAPORE &#151 SATS provider STATS ChipPAC named Jimmy Phoon Siew Heng to its Board of Directors, effective immediately, citing Phoon’s financial and investment experience. Phoon is senior managing director and chief investment officer at Temasek Holdings Limited, which has previously bid to acquire STATS, and holds majority stock in the company.

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