ChipMOS' Subsidiaries Approve Proposed Merger - Quick Facts

(RTTNews) - ChipMOS TECHNOLOGIES (Bermuda) LTD. (IMOS) announced that the required greater than 50% of shareholders of both ChipMOS TECHNOLOGIES INC. and ThaiLin Semiconductor Corp. have voted in person or by proxy to approve the proposed merger of the two ChipMOS' subsidiaries. The special general meetings were held on December 30, 2014. Completion of the merger is expected to occur in June 2015.

On consummation of the proposed merger, ThaiLin will be merged with ChipMOS TECHNOLOGIES. ChipMOS TECHNOLOGIES will continue as the surviving merged entity and is expected to remain listed on the TWSE trading under current stock ticker. Upon consummation, the merged entity would become a 58% owned subsidiary of ChipMOS TECHNOLOGIES (Bermuda) LTD.