UTAC and Global A&T Electronics entered in a agreement today to implement a scheme of arrangement ("Share scheme") for the acquisition under the Singapore Company Act and the Singapore code on Take-overs and Mergers.
Under the Share Scheme, all issued ordinary shares in UTAC held by UTAC shareholders will be acquired by Global A&T Electronics for a cash consideration of S$1.20 per UTAC share. For more information, pls go to the following link
http://info.sgx.com/webcorannc.nsf/New+Announcement+Today+by+Company+Name?Openview&RestrictToCategory=UUNITED%20TEST%20%26%20ASSEMBLY%20CTR%20LTD
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