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DIVIDEND ALERT: ChipMOS US$0.655 PER ADS CASH DIVIDEND TO BE DISTRIBUTED ON JULY 19, 2017; ADS HOLDERS TO RECEIVE APPROXIMATELY US$0.596 AFTER TAIWAN WITHOLDING TAX AND DEPOSITARY FEES

2017-07-13 18:00 1914

HSINCHU, Taiwan, July 13, 2017 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. (Taiwan Stock Exchange: 8150; NASDAQ: IMOS; "ChipMOS") announced today that a US$0.655 cash dividend per ADS will be distributed on July 19, 2017. ADS holders will receive approximately US$0.596 per ADS, net of the Taiwan withholding tax and depositary fees.   

S.J. Cheng, Chairman and President of ChipMOS, said, "We are pleased to reward shareholders with our fourth annual dividend, which we have grown from an adjusted annual dividend of US$0.15 per ADS back in 2012. This is an exciting time for us and we expect our continued success will build additional value for our shareholders."

Holders of ADSs in brokerage accounts are encouraged to check with their securities brokers for receipt of dividend payments.  Questions regarding dividend payments to ADS holders may be directed to Keith Balwan at Citibank, N.A. (Tel: 1-973-461-7038; email: keith.balwan@citi.com).

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (http://www.chipmos.com) is an industry leading provider of semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS provides assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.

Forward-Looking Statements

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors.  Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange commission (the "SEC") and in the Company's other filings with the SEC.

Contacts:




In Taiwan

Dr. S.K. Chen

ChipMOS TECHNOLOGIES INC.

+886-6-507-7712

s.k._chen@chipmos.com


In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

View original content:http://www.prnewswire.com/news-releases/dividend-alert-chipmos-us0655-per-ads-cash-dividend-to-be-distributed-on-july-19-2017-ads-holders-to-receive-approximately-us0596-after-taiwan-witholding-tax-and-depositary-fees-300487635.html

Source: ChipMOS TECHNOLOGIES INC.
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