Advanced Semiconductor Engineering (ASE) has announced it is extending the expiration date of its tender offer for more SPIL common shares traded in Taipei and the NYC until 15:30 Taipei time and 01:30 New York City time on March 17, 2016.

ASE also disclosed that as of close of business Taipei time and NYC time on February 3, approximately 89,774,676 shares of SPIL common stock including ADS have been validly tendered and not withdrawn, representing approximately 2.9% of the issued and outstanding shares of SPIL.

All other terms and conditions of ASE's bid to take a controlling stake in SPIL remain unchanged. ASE plans to buy up to 770 million common shares of SPIL including those presented by ADS, equivalent to 24.71% of the issued and outstanding shares of SPIL.

ASE previously completed its bid to acquire an about 25% stake in SPIL.