EANS-News: Balda AG Balda squashes rumors of selling TPK Shares
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Company Information
Bad Oeynhausen (euro adhoc) - 16 September 2011 - The Frankfurt SDax listed
company Balda AG squashes rumors in media and Taiwan Stock Exchange of selling
TPK shares. Balda informs that it has not done the necessary filing with the
Taiwanese Stock Exchange to do this kind of transaction due to the current
market volatility and the current market price. Balda will monitor the market
situation and coordinate closely with TPK to ensure a smooth exit process and to
minimize market impact.
Company profile of Balda AG
The Balda Group develops and produces complete plastic assemblies,
electronicproducts and products for the medical technology industry. Balda´s
customers are leading companies in the mobile phone, consumer electronics,
electronic communications, pharmaceutical and medical technology markets. The
Group is internationally positioned with production sites in China, Malaysia and
Germany. A subsidiary in the USA serves North American customers in
productdesign and development. Within the scope of its shareholding in a leading
touchscreen manufacturer in China, Balda is participating in the dynamic
development of the touchscreen displays market.
This corporate news announcement contains forward-looking statements, which are
based on the current expectations of Balda´s management. They therefore contain
a range of risks and uncertainties because they relate to future events and
depend on circumstances that will occur in the future, such as, for example,
developments in the mobile communications industry, changes in technology and
the ability to timely and successfully develop new products and various other
factors. Balda will neither revise these forward-looking statements nor correct
them in the event of any unexpected development, unless there is a legal
obligation to do so. This corporate news announcement represents neither an
offer to buy shares nor an invitation to submit an offer to buy shares in the
United States or any other country. The shares in Balda AG (the "shares") may
not be offered or sold in the United States or to or for the account of U.S.
persons (as defined in Regulation S of the U.S. Securities Act of 1933, in its
current version (the "Securities Act")), unless they are registered or are
exempt from registration under the Securities Act. The shares have not been and
will not be registered under the Securities Act.
Further inquiry note:
Clas Röhl
Tel.: +49 (0) 5734 922-2728
croehl@balda.de
end of announcement euro adhoc
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company: Balda AG
Bergkirchener Str. 228
D-32549 Bad Oeynhausen
phone: +49 (0) 5734 9 22-0
FAX: +49 (0) 5734 922-2747
mail: info@balda.de
WWW: http://www.balda.de
sector: Semiconductors & active components
ISIN: DE0005215107
indexes: CDAX, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English