News Article
Singapore`s ST Assembly Test Services (STATS) Confirms Its Previous
Singapore's ST Assembly Test Services (STATS) confirms its previous
guidance, based on its current outlook, of sequential revenue growth of
5-10%, Q3/Q2. The company also says it has no need nor any plans for
additional financing this year.
The company raised $200mn through a
convertible bond offering in March this year and had about $258mn of cash
and cash equivalent and marketable securities as of June 30, 2002.
convertible bond offering in March this year and had about $258mn of cash
and cash equivalent and marketable securities as of June 30, 2002.