BE Semiconductor Industries N.V. Announces Supervisory Board Changes
March 13, 2012 at 10:49 pm
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BE Semiconductor Industries N.V. announced the nomination of Ms. Mona ElNaggar for appointment as Supervisory Board member at the annual general meeting of shareholders to be held on April 25, 2012. Ms. ElNaggar, 44, has extensive experience in the area of international finance with particular expertise in asset management, technology investment banking, international mergers and acquisitions, and securitized products. Ms. ElNaggar is currently Managing Director and Head of the London office for The Investment Fund for Foundations (TIFF). Ms. ElNaggar previously founded and ran a private importer of Middle Eastern jewelry. Ms. ElNaggar replaces Mr. Kin Wah Loh who will resign his Supervisory Board position at the next annual general meeting of shareholders as announced previously.
BE Semiconductor Industries N.V. (Besi) specializes in the design, manufacturing and marketing of semiconductor assembly equipment for the global semiconductor and electronics industries. The group develops leading edge assembly processes and equipment for leadframe, substrate and wafer level packaging applications in a wide range of end-user markets including electronics, mobile Internet, computer, automotive, industrial, RFID, LED and solar energy.
Net sales are distributed geographically as follows: Ireland (7.5%), Europe (8.2%), China (35.5%), Malaysia (8.4%), Korea (7.3%), Taiwan (6.5%), Thailand ( 3.6%), Asia/Pacific (11.8%), United States (8.8%) and other (2.4%).