HONG KONG, Sept. 28 /Xinhua-PRNewswire-FirstCall/ -- Gatebrook Limited, a
wholly owned subsidiary of Johnson Electric Holdings Limited ("Johnson
Electric"), today announced the preliminary interim results of its Public
Tender Offer for all publicly held shares of Saia-Burgess Electronics Holding
AG ("Saia-Burgess"). Acceptances corresponding to approximately 78% of the
fully diluted share capital were received. The final interim results will be
announced on Monday, 3 October 2005.
Saia-Burgess is a leading supplier of stepper motors, switches, actuators,
and electronic controllers to customers within the automotive, industrial and
infrastructure automation industry. The company is headquartered in Murten,
Switzerland, with production and sales locations in Europe, North America,
Africa and Asia. In 2004 Saia-Burgess achieved sales of CHF568.4 million
(US$447.2M). Saia-Burgess is traded on the SWX Swiss Exchange.
Johnson Electric is one of the world's largest providers of micro motors
and integrated motor systems to global customers in the automotive, power
tools, home appliances, business equipment, audio-visual and personal care
sectors. The group is headquartered in Hong Kong, employs over 32,000 people
in 14 countries worldwide and achieved a turnover of US$1,144 million in the
business year ending 31 March 2005. Johnson Electric is listed on the Hong
Kong Stock Exchange (code 179) and is a constituent of the Hang Seng Index.
For further information please visit: http://www.johnsonelectric.com .
For more information in Hong Kong
Peggy Chung, GolinHarris
Tel: +852-2501-7903
Mobile: +852-8105-8675
Fax: +852-2810-4780
Email: peggy.chung@golinharris.com
CT Hew, GolinHarris
Tel: +852-2522-7928
Mobile: +852-9132-8828
Fax: +852-2810-4780
Email: ct.hew@hewassociates.com
For more information in Switzerland
Martin Meier-Pfister, IR Firm
Tel: +41-43-244-8140
Mobile: +41-79-200-8500
Fax: +41-43-244-8145
Email: martin.meier-pfister@irfirm.biz
SOURCE Johnson Electric Holdings Limited
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Related links:
http://www.johnsonelectric.com
CONTACT:
Peggy Chung of GolinHarris for Johnson
Electric, +852-2501-7903, or +852-8105-8675, or fax,
+852-2810-4780, or peggy.chung@golinharris.com, or Martin
Meier-Pfister, IR Firm, +41-43-244- 8140, or +41-79-200-8500, or
fax, +41-43-244-8145, or martin.meier-pfister@irfirm.biz
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