ASAT Holdings Limited Announces Appointment of a Liquidator

GEORGE TOWN, Cayman Islands, Feb. 11 /PRNewswire-FirstCall/ -- ASAT Holdings Limited (Pink Sheets: ASTTY) (the "Company"), today announced that at a duly convened Extraordinary General Meeting of its shareholders held today the shareholders have passed resolutions to the effect that the Company be placed into voluntary winding up and that Kris Beighton of KPMG, 2nd Floor, Century Yard, Cricket Square, Grand Cayman, Cayman Islands, and Patrick Cowley of 8th Floor, Prince's Building, 10 Chater Road, Central, Hong Kong, be appointed joint voluntary liquidators of the Company with the power to act jointly and severally for the purposes thereof.

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Since the Company is insolvent, the liquidators will be applying to the Grand Court of the Cayman Islands for court supervision over the liquidation process.

SOURCE ASAT Holdings Limited