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Malaysia Pacific Industries Announces the Retirement of Peter Yates

Carsem
Press Contact: : Joe Connelly
VP of World Wide Sales and Marketing
Telephone Number: +60 5 526 3333
Fax Number: +60 5 526 5333
Email Address: jconnelly@carsem.com
Web site address: www.carsem.com

IPOH, Malaysia - August 4, 2016 - Carsem (M) Sdn Bhd writes to inform that the MPI Board of Directors has announced the retirement of Peter Yates, Group Managing Director (GMD) of Malaysian Pacific Industries Berhard (MPI), effective August 8, 2016. Manuel Zarauza will then assume this responsibility.

This announcement is consistent with MPI's long-range succession planning process. Peter Yates will continue in an advisory capacity for the next several months to ensure a smooth and orderly transition.

Mr. Zarauza commented, "I am honored to take on this exciting role, and join the employees in providing exceptional customer solutions both now and in the future."

Manuel Zarauza - Biography

Mr. Manuel Zarauza joined HLMG Management Co. Sdn. Bhd. ("HLMGMC"), a related company, as its Managing Director in 2015. He brings with him 22 years of working experience across various manufacturing sectors. Prior to joining HLMGMC, he was with Seoul Semiconductor as their Managing Director, Switzerland and Seoul, Korea. During his 5 years stint in Seoul Semiconductor, he was instrumental to the company achieving its first USD1 billion worldwide revenue.

About Carsem

Carsem is a leading provider of turnkey packaging and test services to the semiconductor industry, and offers one of the widest ranges of package & test portfolios in the world. Carsem's portfolio includes many advanced technologies, to support the telecoms, mobile, automotive, MEMS, IoT, and custom solutions markets. Carsem also offers a full range of turnkey test services for RF, mixed-signal, linear, digital and power devices. Our factories maintain world-class quality standards having achieved SAC Level 1, ISO-9001, ISO-14001, QS-9000, TS16949, ANSI-ESD S20.20 certifications, and are supported with a global network of sales and engineering support offices. Carsem is a member of the Hong Leong Group with factories located in Ipoh, Malaysia, Suzhou, China and sales offices across the USA, the UK, China, Malaysia and Taiwan. More information is available on the Carsem website: www.carsem.com.


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