November 12, 2007
Prospector
Profile
1112-07
 
ASAT Holdings Limited NAICS 334413
QPL Industrial Building, 138 Texaco Road Tsuen Wan, Hong Kong Description Semiconductors Mfg.
(852) 2408-7811 Employees 2389
http://www.asat.com/ Revenue (mil) 164.8530
  Income (mil) -35.0400
  Assets (mil) 135.1370
  Liability (mil) 222.3980
  (for the year ended 2007-04-30)
 
Category: Loss/Deficit
 
Event: ASAT Holdings Limited had a net loss of $35.04 million on revenues of $14.93 million for the year ended April 30, 2007, which is much lower than the $42.43 million net loss on revenues of $13.26 million reported for the year ended April 30, 2006. The Company's balance sheet at June 30, 2007 showed an accumulated deficit of $341.19 million and shareholder's deficit of $88.26 million. It also has strained liquidity with $44.37 million in total current assets available to pay $56.56 million in total current liabilities.
 
Intellectual Property: The Company has patents, confidentiality agreements, and other arrangements intended to protect certain proprietary manufacturing processes and product technologies. As of April 30, 2007, the Company had approximately 50 issued U.S. patents. In addition, in May 2005, the Company entered into a multi-year cross-licensing agreement with LSI Logic Corporation for its Flip Chip semiconductor package assembly technology. During April 2005, the Company entered into a multi-year cross licensing agreement with Amkor, under which Amkor will provide the Company with a license for its Flip Chip semiconductor package technology. [SEC Filing 20-F 10-15-07]
 
Description: The Company provides semiconductor package design, assembly, and test services to customers in the semiconductor industry.
 
Officers: Henry C. Montgomery (Chair); Tung Lok Li (Acting CEO & Dir.); Kei Hong Chua (CFO); John Martin (EVP); Kevin T.S. Kong (VP, Sec. & Gen. Counsel); Kei W. Chua (Dir.); Peter Hopper (Dir.); Kevin Kit Tong Kwan (Dir.); Joseph A. Martin (Dir.); Glen G. Possley (Dir.); Stephen M. Shaw (Dir.); Eugene Suh (Dir.)
 
Auditor: PricewaterhouseCoopers LLP
 
Securities: Common Stock-Symbol ASTT; NasdaqCM; 704,348,844 common shares outstanding as of April 30, 2007.
 
 
 
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