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Children's Aid Society in Singapore Receives Support from
Chartered
SINGAPORE, September 27, 2000 - As part of its corporate
citizenship program, Chartered Semiconductor Manufacturing
(NASDAQ:CHRT, SGX-ST:CHARTERED) today announced it is donating
a van to the Children's Aid Society of Singapore. Valued at
more than S$71,000, the van is intended to ease the transportation
needs of the Society and enhance the children's quality of
life.
The van will allow the Society to create a more flexible and
expansive schedule to meet the varied needs of the children.
It will enable the children greater access to a variety of
activities, specifically transportation to school and hospital
in the event of an emergency.
T S Zain, chairman of the Children's Aid Society said, "We
are grateful for this donation from Chartered in support of
the children and it is encouraging to see private corporations
assisting in such a tangible way."
The donation to the Children's Aid Society is reflective of
Chartered's commitment to the community. Chartered's community
involvement began in May 1989 with its contribution to the
Community Chest's SHARE program. The Company has also supported
other charitable causes and community development activities
such as the Red Cross Blood Donation Drive and the National
Education Program.
"We see this donation as an opportunity to enrich the quality
of life of the children and it is our way of showing care
and support for the community in which we operate." said Chartered's
vice president, Human Resources, Tan Seng Chai.
About Chartered
Chartered Semiconductor Manufacturing is one of the world's
top three silicon foundries. The Company's business model
is distinguished by its strategy to build trusted long-term
relationships, where manufacturing is part of a larger customer-service
focus that includes joint development and implementation of
new process technologies supporting novel applications within
the broad communications market. Chartered operates five semiconductor
fabrication facilities at its Singapore headquarters, with
a sixth fab under construction. A company with both global
presence and perspective, Chartered is traded on both the
Nasdaq Stock Market in the United States (NASDAQ:CHRT) and
on the Singapore Exchange Securities Trading Limited in Singapore
(SGX-ST:CHARTERED). The Company reported 1999 revenues of
US$694.3 million. More than 3400 Chartered employees are based
at 11 locations around the world.
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