Wed, Nov 29, 2006 - Page 12 News List

ASE chairman shrugs off speculation

GLOBAL VISION Following a meeting with the government, ASE's chairman said the firm wanted to play a role in the worldwide consolidation of semi-conductor companies

By Jessie Ho  /  STAFF REPORTER

The commission is "highly concerned" about the possibility that local big-cap firms could be delisted from the local bourse after outright takeovers by foreign investors, which may impact on the nation's capital market, she said.

The regulator said it would review disclosure regulations involving potential merger and acquisition deals for more consistency in the future.

additional reporting by Amber Chung

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