2004 Press Releases
SILTERRA APPOINTS BRUCE GRAY ACTING CEO
Ahmad Pardas Accepts New Appointment at UEM Group
Kulim, Malaysia (June 2, 2004) – Silterra Malaysia
Sdn. Bhd., a leading wafer foundry, announced today that Bruce
Gray, executive vice president and chief operating officer,
would be the company’s acting CEO effective July 1, 2004.
Ahmad Pardas Senin, appointed executive director of Silterra
in April 2003 on secondment from United Engineers (Malaysia)
Berhad and UEM World Berhad (“UEM Group”), will return to
UEM Group as Group Managing Director and CEO. UEM Group is a
subsidiary of Khazanah Nasional Berhad, the majority
shareholder of Silterra.
During his tenure with Silterra, Ahmad Pardas was instrumental
in providing management leadership resulting in significant
improvements in the operational performance of the company,
including the achievement of 100 percent capacity utilization
since August 2003, and positive EBITDA for Q4 2003 and Q1
2004. During his leadership, revenue grew 36 percent in 2003
amid the worst downturn in the history of the industry.
To ensure continued, smooth business operations, Bruce Gray
has been named interim CEO by the Silterra’s Board of
Directors. He will continue to oversee fab operations in
addition to sales and marketing, business planning and
information technology.
“Ahmad made significant contributions to Silterra’s and to
Malaysia’s increasing success in the global wafer foundry
market. He has shown the leadership necessary to make an
impact in this very competitive, high tech business and
provided a crucial interface for Silterra with Khazanah,”
said Bruce Gray.
Ahmad Pardas will remain as a member of the board of Silterra
as a non-executive director. The company plans to name a new
executive director and CEO in the coming months.
Silterra is expanding its facility and plans to have a
production capacity of 29,000 wafers starts per month before
the end of the year, a 35% increase over the current level, to
support customers’ rising demands.
About
Silterra Malaysia Sdn. Bhd.:
Market demand driven, SilTerra Malaysia Sdn Bhd is a
semiconductor wafer foundry offering major foundry compatible
CMOS logic, high-voltage and mixed-signal/RF technologies down
to 0.13-micron feature size. This includes complete,
competitive contract manufacturing for fabless and IDM
customers’ designs. SilTerra’s wafer fab has a design
capacity of 40,000 eight-inch wafers per month.
Environmentally
vigilant, SilTerra delivers award winning, world-class
performance to its customers seeking flexible capacity,
competitive advantages and around the clock customer support.
SilTerra is ISO 9001:2000 and ISO 14001 certified. Founded in
1995, the company’s headquarters and factory are located in
Malaysia’s Kulim High-Tech Park, and SilTerra has sales and
marketing offices in San Jose (California) and Hsinchu
(Taiwan). For additional information on SilTerra or its
services, please visit www.silterra.com.
Silterra
Contact
Koh Meng Kong
Tel:
+6-012-491-0425 (Cell phone)
Tel:
+604-401-4166 (o)
Email: mengkong_koh@silterra.com
Lu Ping Chiang
Tel : +886-3-574-1587 (o)
Email:
pingchiang_lu@silterra.com
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