HONG KONG, Dec 1, 2017 - (ACN Newswire) - ASM Pacific Technology Ltd. (ASMPT), a world leader in the supply of semiconductor assembly and packaging equipment and materials, as well as surface mount technology solutions announced today that it has been awarded "Directors of the Year Awards 2017". First launched in 2001, this award is organized by The Hong Kong Institute of Directors (HKIoD) and co-organized by The Financial Services and the Treasury Bureau; Securities and Futures Commission and the Hong Kong Exchanges and Clearing Limited. To date more than 100 awardees from listed companies, private companies and non-profit-distributing organizations in Hong Kong have been recognized for their achievements in demonstrating exemplary high standards in corporate governance.
The winning companies were judged based on factors such as board composition, skill mix and competencies of directors; effectiveness in strategic corporate business functions; managing compliance and accountability; managing risk, changes and succession planning; business ethnic and any other achievements etc. Besides submitting the nomination form and supporting documentations, the participating companies also have to go through stringent criteria, face-to-face interview and selection process of the award set by the judging panel.
The HKIoD lauded ASMPT for its adoption of Board Diversity Policy to ensure the Group is being professionally managed. The HKIoD's panel of judges also highlighted ASMPT's success in achieving high standard in corporate governance and its ability to strike a balance between short-term gains and long-term needs.
"We are very much humbled to receive such prestigious award as it is an endorsement that we are on track in our efforts for a sustainable future. It is always at the core of ASMPT's values to commit to the highest ethical business standards and be open, honest and accountable in the manner we conduct our business." said Mr. Lee Wai Kwong, CEO of ASMPT.
Mr. Lee continued, "The Group's success is not only determined by the good business strategies implemented or outstanding financial results achieved, but also how we proactively give back to the communities we operate in. As such, we are also committed to play an active role in encouraging our employees to do their part with volunteer work and projects. On behalf of ASMPT, I would like to thank the Board Members for taking the lead in the checks and balances of corporate governance, the Senior Management team for their leadership and all our employees for their unflagging efforts and commitment."
About ASM Pacific Technology
ASMPT, founded in 1975, is the only company in the world that can offer high-quality equipment for all major steps in the electronics manufacturing process - from carrier for chip interconnection to chip assembly and packaging to SMT. No other supplier offers a comparable range and depth of process expertise.
ASMPT's Back-end Equipment Business offers a diverse product range from bonding to molding and trim & form to the integration of these activities into complete in-line systems for the microelectronics, semiconductor, photonics, and optoelectronics industries. Its Materials Business provides customers with a variety of leadframes such as etched and stamping as well as advanced packaging materials. ASMPT' SMT Solutions develops and sells best-in-class DEK printers for the SMT, semiconductor and solar markets as well as best-in-class SIPLACE SMT placement solutions.
ASMPT is listed in the Hong Kong Stock Exchange since 1989.
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Dec 1, 2017 15:29 HKT/SGT
Topic: Press release summary
Sectors: Daily News
From the Asia Corporate News Network
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