{"id":1100,"date":"2013-08-23T02:40:52","date_gmt":"2013-08-23T00:40:52","guid":{"rendered":"http:\/\/www.planet3dnow.de\/cms\/?p=1100"},"modified":"2013-08-23T02:42:27","modified_gmt":"2013-08-23T00:42:27","slug":"amd-announces-proposed-sale-and-lease-back-of-amd-singapore-facility-to-sabana-shariah-compliant-industrial-real-estate-investment-trust","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/1100-amd-announces-proposed-sale-and-lease-back-of-amd-singapore-facility-to-sabana-shariah-compliant-industrial-real-estate-investment-trust\/","title":{"rendered":"AMD<\/span> Announces Proposed Sale and Lease-back of AMD<\/span> Singapore Facility to Sabana Shari\u2019ah Compliant Industrial Real Estate Investment Trust"},"content":{"rendered":"

SUNNYVALE<\/span>, Calif. \u20148\/22\/2013  <\/strong><\/p>\n

AMD<\/span><\/a> (NYSE<\/span>: AMD<\/span>) today announ\u00adced that its Sin\u00adga\u00adpo\u00adre sub\u00adsi\u00addia\u00adry, Advan\u00adced Micro Devices (Sin\u00adga\u00adpo\u00adre) Pte Ltd. (AMD<\/span> Sin\u00adga\u00adpo\u00adre), has ente\u00adred into a con\u00addi\u00adtio\u00adnal put-and-call opti\u00adon agree\u00adment to sell and lea\u00adse-back its Sin\u00adga\u00adpo\u00adre faci\u00adli\u00adty loca\u00adted at 508 Chai Chee Lane, Sin\u00adga\u00adpo\u00adre 469032 to HSBC<\/span> Insti\u00adtu\u00adtio\u00adnal Trust Ser\u00advices (Sin\u00adga\u00adpo\u00adre) Limi\u00adt\u00aded, in its capa\u00adci\u00adty as trus\u00adtee of Saba\u00adna Shari\u2019ah Com\u00adpli\u00adant Indus\u00adtri\u00adal Real Estate Invest\u00adment Trust (Saba\u00adna REIT<\/span>). The tran\u00adsac\u00adtion is expec\u00adted to gene\u00adra\u00adte pro\u00adceeds of appro\u00adxi\u00adm\u00adate\u00adly 59 mil\u00adli\u00adon Sin\u00adga\u00adpo\u00adre dol\u00adlars (USD<\/span>$46 mil\u00adli\u00adon), net of all fees, which will be reflec\u00adted in AMD<\/span>\u2019s third quar\u00adter 2013 finan\u00adcial state\u00adments when repor\u00adted on Oct. 17, 2013. AMD<\/span> expects to record a gain of appro\u00adxi\u00adm\u00adate\u00adly $16 mil\u00adli\u00adon in the third quar\u00adter of 2013. AMD<\/span> Sin\u00adga\u00adpo\u00adre will con\u00adti\u00adnue its ope\u00adra\u00adti\u00adons in a por\u00adti\u00adon of the Sin\u00adga\u00adpo\u00adre faci\u00adli\u00adty and has nego\u00adtia\u00adted a 10-year sub-lea\u00adse agree\u00adment with Saba\u00adna REIT<\/span> with exten\u00adsi\u00adon opti\u00adons to con\u00adti\u00adnue tho\u00adse ope\u00adra\u00adti\u00adons. The sub-lea\u00adse would be effec\u00adti\u00adve upon the clo\u00adse of the sale of the property.<\/p>\n

Pri\u00ador to tran\u00adsac\u00adtion clo\u00adse, AMD<\/span> Sin\u00adga\u00adpo\u00adre needs to secu\u00adre final appr\u00adoval from the JTC<\/span> Cor\u00adpo\u00adra\u00adti\u00adon (JTC<\/span>), the Sin\u00adga\u00adpo\u00adre enti\u00adty tas\u00adked with mana\u00adging the country\u2019s indus\u00adtri\u00adal infra\u00adstruc\u00adtu\u00adre. The com\u00adpa\u00adny anti\u00adci\u00adpa\u00adtes secu\u00adring all requi\u00adred appr\u00adovals from the JTC<\/span> as part of clo\u00adsing the transaction.<\/p>\n

The sale of AMD<\/span>\u2019s Sin\u00adga\u00adpo\u00adre faci\u00adli\u00adty is in kee\u00adping with AMD<\/span>\u2019s stra\u00adtegy to redu\u00adce invest\u00adments and capi\u00adtal in non-core parts of the busi\u00adness, inclu\u00adding real estate. AMD<\/span> laun\u00adched ope\u00adra\u00adti\u00adons in Sin\u00adga\u00adpo\u00adre in 1984 and remains com\u00admit\u00adted to the site as a vital part of the company\u2019s glo\u00adbal ope\u00adra\u00adti\u00adons. In 2012, AMD<\/span> Sin\u00adga\u00adpo\u00adre com\u00adple\u00adted its trans\u00adfor\u00adma\u00adti\u00adon from a high-volu\u00adme manu\u00adfac\u00adtu\u00adring site to an engi\u00adnee\u00adring cen\u00adter of excel\u00adlence and curr\u00adent\u00adly employs appro\u00adxi\u00adm\u00adate\u00adly 500 people.<\/p>\n

About AMD<\/span><\/strong><\/span><\/p>\n

AMD<\/span> (NYSE<\/span>: AMD<\/span>) designs and inte\u00adgra\u00adtes tech\u00adno\u00adlo\u00adgy that powers mil\u00adli\u00adons of intel\u00adli\u00adgent devices, inclu\u00adding per\u00adso\u00adnal com\u00adpu\u00adters, tablets, game con\u00adso\u00adles and cloud ser\u00advers that defi\u00adne the new era of sur\u00adround com\u00adpu\u00adting. AMD<\/span> solu\u00adti\u00adons enable peo\u00adp\u00adle ever\u00ady\u00adwhe\u00adre to rea\u00adli\u00adze the full poten\u00adti\u00adal of their favo\u00adri\u00adte devices and appli\u00adca\u00adti\u00adons to push the boun\u00adda\u00adries of what is pos\u00adsi\u00adble. For more infor\u00adma\u00adti\u00adon, visit www.amd.com<\/a>.<\/span><\/p>\n

Cau\u00adtio\u00adna\u00adry Statement<\/strong><\/span><\/p>\n

This docu\u00adment con\u00adta\u00adins for\u00adward-loo\u00adking state\u00adments con\u00adcer\u00adning AMD<\/span>, the con\u00adsum\u00adma\u00adti\u00adon of a sale-lea\u00adse\u00adback tran\u00adsac\u00adtion, the expec\u00adted cash gene\u00adra\u00adted from the tran\u00adsac\u00adtion, secu\u00adring requi\u00adred appr\u00adovals from the JTC<\/span>, the expec\u00adted gain from the tran\u00adsac\u00adtion and AMD<\/span>\u2019s stra\u00adtegy to redu\u00adce invest\u00adments and capi\u00adtal in non-core parts of the busi\u00adness, which are made pur\u00adsu\u00adant to the safe har\u00adbor pro\u00advi\u00adsi\u00adons of the Pri\u00adva\u00adte Secu\u00adri\u00adties Liti\u00adga\u00adti\u00adon Reform Act of 1995. For\u00adward-loo\u00adking state\u00adments are com\u00admon\u00adly iden\u00adti\u00adfied by words such as \u201cbelie\u00adves, \u201cexpects,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cseeks,\u201d \u201cintends,\u201d \u201cpro for\u00adma,\u201d \u201cesti\u00adma\u00adtes,\u201d \u201canti\u00adci\u00adpa\u00adtes,\u201d \u201cplans,\u201d \u201cpro\u00adjects,\u201d and other terms with simi\u00adlar mea\u00adning. Inves\u00adtors are cau\u00adtio\u00adned that the for\u00adward-loo\u00adking state\u00adments in this release are based on cur\u00adrent beliefs, assump\u00adti\u00adons and expec\u00adta\u00adti\u00adons, speak only as of the date of this release and invol\u00adve risks and uncer\u00adtain\u00adties that could cau\u00adse actu\u00adal results to dif\u00adfer mate\u00adri\u00adal\u00adly from cur\u00adrent expec\u00adta\u00adti\u00adons. Risks include the pos\u00adsi\u00adbi\u00adli\u00adty that Intel Corp.\u2019s pri\u00adcing, mar\u00adke\u00adting and reba\u00adting pro\u00adgrams, pro\u00adduct bund\u00adling, stan\u00addard set\u00adting, new pro\u00adduct intro\u00adduc\u00adtions or other acti\u00advi\u00adties may nega\u00adtively impact the company\u2019s plans, that the com\u00adpa\u00adny will requi\u00adre addi\u00adtio\u00adnal fun\u00adding and may be unable to rai\u00adse suf\u00adfi\u00adci\u00adent capi\u00adtal on favorable terms, or at all; that cus\u00adto\u00admers stop buy\u00ading the company\u2019s pro\u00adducts or mate\u00adri\u00adal\u00adly redu\u00adce their ope\u00adra\u00adti\u00adons or demand for the company\u2019s pro\u00adducts; that the com\u00adpa\u00adny may be unable to deve\u00adlop, launch and ramp new pro\u00adducts and tech\u00adno\u00adlo\u00adgies in the volu\u00admes that are requi\u00adred by the mar\u00adket at matu\u00adre yields on a time\u00adly basis; that the company\u2019s third par\u00adty foundry sup\u00adpli\u00aders will be unable to tran\u00adsi\u00adti\u00adon the company\u2019s pro\u00adducts to advan\u00adced manu\u00adfac\u00adtu\u00adring pro\u00adcess tech\u00adno\u00adlo\u00adgies in a time\u00adly and effec\u00adti\u00adve way or to manu\u00adfac\u00adtu\u00adre the company\u2019s pro\u00adducts on a time\u00adly basis in suf\u00adfi\u00adci\u00adent quan\u00adti\u00adties and using com\u00adpe\u00adti\u00adti\u00adve pro\u00adcess tech\u00adno\u00adlo\u00adgies; that the com\u00adpa\u00adny will be unable to obtain suf\u00adfi\u00adci\u00adent manu\u00adfac\u00adtu\u00adring capa\u00adci\u00adty or com\u00adpon\u00adents to meet demand for its pro\u00adducts or will not ful\u00adly uti\u00adli\u00adze its pro\u00adjec\u00adted manu\u00adfac\u00adtu\u00adring capa\u00adci\u00adty needs at GLOBALFOUNDRIES<\/span> (GF<\/span>) micro\u00adpro\u00adces\u00adsor manu\u00adfac\u00adtu\u00adring faci\u00adli\u00adties; that the company\u2019s requi\u00adre\u00adments for wafers will be less than the fixed num\u00adber of wafers that it agreed to purcha\u00adse from GF<\/span> or GF<\/span> encoun\u00adters pro\u00adblems that signi\u00adfi\u00adcant\u00adly redu\u00adce the num\u00adber of func\u00adtion\u00adal die it recei\u00adves from each wafer; that the com\u00adpa\u00adny is unable to suc\u00adcessful\u00adly imple\u00adment its long-term busi\u00adness stra\u00adtegy; that the com\u00adpa\u00adny inac\u00adcu\u00adra\u00adte\u00adly esti\u00adma\u00adtes the quan\u00adti\u00adty or type of pro\u00adducts that its cus\u00adto\u00admers will want in the future or will ulti\u00adm\u00adate\u00adly end up purcha\u00adsing, resul\u00adting in excess or obso\u00adle\u00adte inven\u00adto\u00adry; that the com\u00adpa\u00adny is unable to mana\u00adge the risks rela\u00adted to the use of its third-par\u00adty dis\u00adtri\u00adbu\u00adtors and add-in-board (AIB<\/span>) part\u00adners or offer the appro\u00adpria\u00adte incen\u00adti\u00adves to focus them on the sale of the company\u2019s pro\u00adducts; that the com\u00adpa\u00adny may be unable to main\u00adtain the level of invest\u00adment in rese\u00adarch and deve\u00adlo\u00adp\u00adment that is requi\u00adred to remain com\u00adpe\u00adti\u00adti\u00adve; that the\u00adre may be unex\u00adpec\u00adted varia\u00adti\u00adons in mar\u00adket growth and demand for the company\u2019s pro\u00adducts and tech\u00adno\u00adlo\u00adgies in light of the pro\u00adduct mix that it may have available at any par\u00adti\u00adcu\u00adlar time; that glo\u00adbal busi\u00adness and eco\u00adno\u00admic con\u00addi\u00adti\u00adons, inclu\u00adding PC<\/span> mar\u00adket con\u00addi\u00adti\u00adons, will not impro\u00adve or will wor\u00adsen; that demand for com\u00adpu\u00adters will be lower than curr\u00adent\u00adly expec\u00adted; and the effect of poli\u00adti\u00adcal or eco\u00adno\u00admic insta\u00adbi\u00adli\u00adty, dome\u00adsti\u00adcal\u00adly or inter\u00adna\u00adtio\u00adnal\u00adly, on the company\u2019s sales or sup\u00adp\u00adly chain. Inves\u00adtors are urged to review in detail the risks and uncer\u00adtain\u00adties in the company\u2019s Secu\u00adri\u00adties and Exch\u00adan\u00adge Com\u00admis\u00adsi\u00adon filings, inclu\u00adding but not limi\u00adt\u00aded to the Quar\u00adter\u00adly Report on Form 10\u2011Q for the quar\u00adter ended June 29, 2013.<\/span><\/p>\n

AMD<\/span> and the AMD<\/span> Arrow logo are trade\u00admarks of Advan\u00adced Micro Devices, Inc. Other names are for infor\u00adma\u00adtio\u00adnal pur\u00adpo\u00adses only and may be trade\u00admarks of their respec\u00adti\u00adve owners.<\/strong><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"

AMD<\/span> (NYSE<\/span>: AMD<\/span>) today announ\u00adced that its Sin\u00adga\u00adpo\u00adre sub\u00adsi\u00addia\u00adry, Advan\u00adced Micro Devices (Sin\u00adga\u00adpo\u00adre) Pte Ltd. (AMD<\/span> Sin\u00adga\u00adpo\u00adre), has ente\u00adred into a con\u00addi\u00adtio\u00adnal put-and-call opti\u00adon agree\u00adment to sell and lea\u00adse-back its Sin\u00adga\u00adpo\u00adre faci\u00adli\u00adty loca\u00adted at 508 Chai Chee Lane, Sin\u00adga\u00adpo\u00adre 469032 to HSBC<\/span> Insti\u00adtu\u00adtio\u00adnal Trust Ser\u00advices (Sin\u00adga\u00adpo\u00adre) Limi\u00adt\u00aded, in its capa\u00adci\u00adty as trus\u00adtee of Saba\u00adna Shari\u2019ah Com\u00adpli\u00adant Indus\u00adtri\u00adal Real Estate Invest\u00adment Trust (Saba\u00adna REIT<\/span>). (\u2026) Wei\u00adter\u00adle\u00adsen \u00bb<\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"ngg_post_thumbnail":0,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-1100","post","type-post","status-publish","format-standard","hentry","category-pressemitteilungen","entry"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/1100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/comments?post=1100"}],"version-history":[{"count":3,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/1100\/revisions"}],"predecessor-version":[{"id":1102,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/1100\/revisions\/1102"}],"wp:attachment":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/media?parent=1100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/categories?post=1100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/tags?post=1100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}