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Wholly-Owned Subsidiary of ATIC Issues Notice of Further Extension of Preference Share Offer for GLOBALFOUNDRIES Singapore Convertible Redeemable Preference Shares to 17 August 2010.

SINGAPORE -- Chartered Semiconductor Manufacturing Ltd.:

VOLUNTARY CONDITIONAL CASH OFFER

by

ATIC International Investment Company LLC (Company Registration No. 1170717) (Incorporated in Abu Dhabi)

to acquire all the convertible redeemable preference shares in issue of

GLOBALFOUNDRIES Singapore Pte. Ltd.

(previously known as Chartered Semiconductor Manufacturing Ltd. and converted to a private limited company on 15 January 2010) (Company Registration No. 198703584K) (Incorporated in Singapore)

1. INTRODUCTION

ATIC International Investment Company LLC (the "Acquiror") refers to:

(i) the offer letter (the "CRPS Offer Letter") dated 12 October 2009 issued by the Acquiror to the holders (the "Preference Share Holders") of the convertible redeemable preference shares (the "CRPS") in the capital of GLOBALFOUNDRIES Singapore Pte. Ltd. (previously known as Chartered Semiconductor Manufacturing Ltd. and converted to a private limited company on 15 January 2010) (the "Company") in relation to the voluntary conditional cash offer (the "Preference Share Offer") to acquire all the CRPS held by the Preference Share Holders on the terms set out in the CRPS Offer Letter;

(ii) the announcement dated 9 December 2009 in relation to the issue of the notice dated 9 December 2009 by the Acquiror to the Preference Share Holders on the expected Effective Date, expected Settlement Date, expected Preference Share Offer Price and expected close of the Preference Share Offer;

(iii) the announcement dated 16 December 2009 in relation to the issue of the notice dated 16 December 2009 by the Acquiror to the Preference Share Holders on the extension of the Offer Period to 15 January 2010;

(iv) the announcement dated 18 December 2009 in relation to the issue of the notice dated 18 December 2009 by the Acquiror to the Preference Share Holders on the determined Effective Date, Settlement Date, Preference Share Offer Price and Preference Share Offer being declared unconditional in all respects; and

(v) the announcement dated 18 January 2010 in relation to the issue of the notice dated 15 January 2010 by the Acquiror to the Preference Share Holders on the extension of the Offer Period to 5 February 2010 (the "Second Extension Announcement").

Unless otherwise defined, terms used in this Announcement shall have the same meanings as defined in the CRPS Offer Letter.

2. NOTICE OF FURTHER EXTENSION OF OFFER PERIOD

It was stated in Second Extension Announcement that the Preference Share Offer will close at 5.30 p.m. (Singapore time) on 5 February 2010, or such later date(s) as may be announced from time to time by and on behalf of the Acquiror by press release or other public announcement on or before 5 February 2010 and unless extended, the Preference Share Offer will no longer be open for acceptance after 5.30 p.m. (Singapore time) on 5 February 2010 and any acceptances received thereafter will be rejected.

The Acquiror wishes to announce that it has today sent a letter to the Preference Share Holders notifying them that the Offer Period shall be further extended to 5.30 p.m. (Singapore time) on 17 August 2010, or such later date(s) as may be announced from time to time by and on behalf of the Acquiror by press release or other public announcement on or before 17 August 2010 (the "Letter").

Accordingly, the Preference Share Offer will close at 5.30 p.m. (Singapore time) on 17 August 2010, or such later date(s) as may be announced from time to time by and on behalf of the Acquiror by press release or other public announcement on or before 17 August 2010 and unless extended, the Preference Share Offer will no longer be open for acceptance after 5.30 p.m. (Singapore time) on 17 August 2010 and any acceptances received thereafter will be rejected.

A copy of the Letter is attached as an appendix to this Announcement.

3. LEVEL OF ACCEPTANCES

As of 5.30 p.m. on 4 February 2010, the Acquiror has received valid acceptances amounting to 24,950 CRPS, representing approximately 88.01% of the issued preference share capital of the Company (based on the 28,350 CRPS currently in issue). Prior to the date of the CRPS Offer Letter, the Acquiror did not hold any CRPS in the issued preference share capital of the Company.

4. COMPULSORY ACQUISITION

As mentioned in paragraph 1.10 of the CRPS Offer Letter, in the event that the Acquiror acquires (within four (4) months after the date of the CRPS Offer Letter) 90% or more of the total number of CRPS (other than those already held by the Acquiror, its related corporations and their respective nominees as at the date of the CRPS Offer Letter) pursuant to the Preference Share Offer, the Acquiror will be entitled to exercise the right of compulsory acquisition under Section 215(1) of the Companies Act at the Preference Share Offer Price.

The Acquiror intends to exercise its right of compulsory acquisition of any CRPS not held by the Acquiror, its related corporations and their respective nominees in such an event.

5. PROCEDURES FOR ACCEPTANCE

Preference Share Holders who wish to accept the Preference Share Offer but have not done so should refer to the CRPS Offer Letter and follow the procedures set out therein.

Preference Share Holders should note that that there is no assurance that, on the maturity date of the CRPS, being 17 August 2010, the Company will have funds legally available to make payment for the redemption amount of US$10,000 for each CRPS.

Accordingly, Preference Share Holders should give due consideration to accepting the Preference Share Offer made by the Acquiror to acquire all the CRPS in issue from the Preference Share Holders on the terms and conditions set out in the CRPS Offer Letter.

In connection with any conversion of the CRPS, your attention is also drawn to the amendments to the Articles following the passing of Special Resolution (1) and Special Resolution (2) at the EGM and Class Meeting (as the case may be), on 4 November 2009. The conversion price per Company Share is US$4.12. As set out in the summary of proposal accompanying the Notice of EGM, new Company Shares which are issued (including on conversion of the CRPS) to any person other than the Acquiror will be compulsorily acquired by the Acquiror at the consideration of S$2.68 per new Company Share.

6. RESPONSIBILITY STATEMENT

The directors of the Acquiror and ATIC (including any director who may have delegated detailed supervision of this Announcement) have taken all reasonable care to ensure that the facts stated and the opinions expressed in this Announcement (other than those relating to the Company and its subsidiaries) are fair and accurate and that, where appropriate, no material facts have been omitted from this Announcement, the omission of which would make any statement in this Announcement misleading, and they jointly and severally accept responsibility accordingly. Where any information has been supplied by the Company or has been extracted or reproduced from published or otherwise publicly available sources, the sole responsibility of the directors of the Acquiror and ATIC for such information has been to ensure through reasonable enquiries, that such information has been accurately extracted from such sources or, as the case may be, accurately reflected or reproduced in this Announcement. The directors of the Acquiror and ATIC do not accept any responsibility for any information relating to or opinions expressed by the Company.

BY ORDER OF THE BOARD

Samak Azar Director 5 February 2010

Any enquiries relating to the settlement procedures for the Preference Share Offer should be directed to:

Ross E. Maree The Bank of New York Mellon Email: ross.maree@bnymellon.com Telephone: +65 6432 0416 (during office hours)

Carol Au The Bank of New York Mellon Email: carol.au@bnymellon.com Telephone: +65 6432 0252 (during office hours)

APPENDIX

ATIC International Investment Company LLC (Incorporated in Abu Dhabi) (Commercial Registration Number. 1170717) Mamoura Building A Muroor Road Abu Dhabi, United Arab Emirates

5 February 2010

To: The Holders of Convertible Redeemable Preference Shares of GLOBALFOUNDRIES Singapore Pte. Ltd. (previously known as Chartered Semiconductor Manufacturing Ltd. and converted to a private limited company on 15 January 2010)

Dear Sir/Madam

1. Introduction

ATIC International Investment Company LLC (the "Acquiror") refers to:

(a) the offer letter (the "CRPS Offer Letter") dated 12 October 2009 issued by the Acquiror to the holders (the "Preference Share Holders") of the convertible redeemable preference shares (the "CRPS") in the capital of GLOBALFOUNDRIES Singapore Pte. Ltd. (previously known as Chartered Semiconductor Manufacturing Ltd. and converted to a private limited company on 15 January 2010) (the "Company") in relation to the voluntary conditional cash offer (the "Preference Share Offer") to acquire all the CRPS held by the Preference Share Holders on the terms set out in the CRPS Offer Letter;

(b) the notice dated 9 December 2009 issued by the Acquiror to the Preference Share Holders in relation to the expected Effective Date, expected Settlement Date, expected Preference Share Offer Price and expected close of the Preference Share Offer;

(c) the notice dated 16 December 2009 issued by the Acquiror to the Preference Share Holders in relation to the extension of the Offer Period to 15 January 2010;

(d) the notice dated 18 December 2009 issued by the Acquiror to the Preference Share Holders in relation to the determined Effective Date, Settlement Date, Preference Share Offer Price and Preference Share Offer being declared unconditional in all respects; and

(e) the notice dated 15 January 2010 issued by the Acquiror to the Preference Share Holders in relation to the extension of the Offer Period to 5 February 2010 (the "Second Extension Notice").

Unless otherwise defined, terms used in this Letter shall have the same meanings as defined in the CRPS Offer Letter.

2. Further Extension of Offer Period

It was stated in Second Extension Notice that the Preference Share Offer will close at 5.30 p.m. (Singapore time) on 5 February 2010, or such later date(s) as may be announced from time to time by and on behalf of the Acquiror by press release or other public announcement on or before 5 February 2010 and unless extended, the Preference Share Offer will no longer be open for acceptance after 5.30 p.m. (Singapore time) on 5 February 2010 and any acceptances received thereafter will be rejected.

The Acquiror hereby notifies you that the Offer Period shall be further extended to 5.30 p.m. (Singapore time) on 17 August 2010, or such later date(s) as may be announced from time to time by and on behalf of the Acquiror by press release or other public announcement on or before 17 August 2010.

Accordingly, the Preference Share Offer will close at 5.30 p.m. (Singapore time) on 17 August 2010, or such later date(s) as may be announced from time to time by and on behalf of the Acquiror by press release or other public announcement on or before 17 August 2010 and unless extended, the Preference Share Offer will no longer be open for acceptance after 5.30 p.m. (Singapore time) on 17 August 2010 and any acceptances received thereafter will be rejected.

3. Level of Acceptances

As of 5.30 p.m. on 4 February 2010, the Acquiror has received valid acceptances amounting to 24,950 CRPS, representing approximately 88.01% of the issued preference share capital of the Company1. Prior to the date of the CRPS Offer Letter, the Acquiror did not hold any CRPS in the issued preference share capital of the Company.

4. Compulsory Acquisition

As mentioned in paragraph 1.10 of the CRPS Offer Letter, in the event that the Acquiror acquires (within four (4) months after the date of the CRPS Offer Letter) 90% or more of the total number of CRPS (other than those already held by the Acquiror, its related corporations and their respective nominees as at the date of the CRPS Offer Letter) pursuant to the Preference Share Offer, the Acquiror will be entitled to exercise the right of compulsory acquisition under Section 215(1) of the Companies Act at the Preference Share Offer Price.

The Acquiror intends to exercise its right of compulsory acquisition of any CRPS not held by the Acquiror, its related corporations and their respective nominees in such an event.

5. Procedures for Acceptance

Preference Share Holders who wish to accept the Preference Share Offer but have not done so should refer to the CRPS Offer Letter and follow the procedures set out therein.

Preference Share Holders should note that that there is no assurance that, on the maturity date of the CRPS, being 17 August 2010, the Company will have funds legally available to make payment for the redemption amount of US$10,000 for each CRPS.

Accordingly, Preference Share Holders should give due consideration to accepting the Preference Share Offer made by the Acquiror to acquire all the CRPS in issue from the Preference Share Holders on the terms and conditions set out in the CRPS Offer Letter.

In connection with any conversion of the CRPS, your attention is also drawn to the amendments to the Articles following the passing of Special Resolution (1) and Special Resolution (2) at the EGM and Class Meeting (as the case may be), on 4 November 2009. The conversion price per Company Share is US$4.12. As set out in the summary of proposal accompanying the Notice of EGM, new Company Shares which are issued (including on conversion of the CRPS) to any person other than the Acquiror will be compulsorily acquired by the Acquiror at the consideration of S$2.68 per new Company Share.

6. Responsibility Statement

The directors of the Acquiror and ATIC (including any director who may have delegated detailed supervision of this Letter) have taken all reasonable care to ensure that the facts stated and the opinions expressed in this Letter (other than those relating to the Company and its subsidiaries) are fair and accurate and that, where appropriate, no material facts have been omitted from this Letter, the omission of which would make any statement in this Letter misleading, and they jointly and severally accept responsibility accordingly. Where any information has been supplied by the Company or has been extracted or reproduced from published or otherwise publicly available sources, the sole responsibility of the directors of the Acquiror and ATIC for such information has been to ensure through reasonable enquiries, that such information has been accurately extracted from such sources or, as the case may be, accurately reflected or reproduced in this Letter. The directors of the Acquiror and ATIC do not accept any responsibility for any information relating to or opinions expressed by the Company.

Yours faithfully,

ATIC International Investment Company LLC

1 The total number of CRPS in issue is 28,350 CRPS.
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