6-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2010

Commission File Number: 000-29103

STATS CHIPPAC LTD.

(Translation of registrant’s name into English)

10 Ang Mo Kio Street 65
#05-17/20 Techpoint
Singapore 569059
(65) 6824-7777

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
þ Form 20-F     o Form 40-F

Note: The registrant deregistered and terminated its reporting obligations under the Securities Exchange Act of 1934 in August 2009 and is filing its annual report on Form 20-F as a voluntary filer.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

TABLE OF CONTENTS

Ex-99.1 Notification from Marathon Asset Management LLP

Other Events

On June 17, 2010, STATS ChipPAC Ltd. (the “Company”) received notifications from Marathon Asset Management LLP (“Marathon”) in respect of the percentage of our ordinary shares held by Marathon over which it has full control (including the exercise of voting rights) and the percentage of our ordinary shares over which Marathon states it has only dispositive control (the “Marathon Notifications”). The Marathon Notifications state that as at October 17, 2008, Marathon had full control (including voting rights) over 5.13% of our outstanding ordinary shares and dispositive control over a further 1.91%. Copies of the Marathon Notifications are attached as Exhibit 99.1.

Under Rule 724 of the Singapore Exchange Securities Trading Limited (the “SGX-ST”) Listing Manual, the SGX-ST may suspend trading of our ordinary shares if less than 10% of our issued ordinary shares are held in public hands, as required by Rule 723 of the SGX-ST Listing Manual. Under the SGX-ST Listing Manual, equity securities held by, amongst others, our directors, substantial shareholders and controlling shareholders are not deemed to be held in public hands. Substantial shareholders as defined in the Singapore Companies Act are persons who have an interest in not less than 5% of the total voting shares in a company. As disclosed in our annual report for fiscal year ended December 27, 2009 filed with the U.S. Securities and Exchange Commission on March 5, 2010 (our “2009 Annual Report”), as of February 1, 2010, Temasek Holdings (Private) Limited (“Temasek”) beneficially owned, and its wholly-owned subsidiary, Singapore Technologies Semiconductor Pte Ltd (“STSPL”), directly owned, approximately 83.8% of our outstanding ordinary shares. Therefore, for purposes of Rule 723 of the SGX Listing Manual, our substantial shareholders, Temasek and Marathon, hold in the aggregate voting control over 88.93% of our outstanding ordinary shares. Further purchases of ordinary shares by Temasek, STSPL, Marathon, other substantial shareholders, our directors, or their respective associates may result in the suspension of the listing and/or delisting of our ordinary shares on the SGX-ST. See “Item 3. Key Information — D. Risk Factors — Risks Relating to our Ordinary Shares — The SGX-ST may suspend and/or delist our ordinary shares on the SGX-ST. Furthermore, we may voluntarily delist our ordinary shares from the SGX-ST.” in our 2009 Annual Report.

Exhibit

99.1 Notifications from Marathon Asset Management LLP

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: June 18, 2010

STATS CHIPPAC LTD.
By:	/s/ Tan Lay Koon
Name:	Tan Lay Koon
Title:	President & Chief Executive Officer
By:	/s/ John Lau
Name:	John Lau
Title:	Chief Financial Officer

EXHIBIT INDEX

99.1 Notifications from Marathon Asset Management LLP

EX-99.1

Exhibit 99.1

Orion House
5 Upper St. Martin’s Lane
London WC2H 9EA
Telephone: +44 (0) 20 7497 2211
Fax: +44 (0) 20 7497 2399

Company Secretary
STATS ChipPAC Ltd
10 Ang Mo Kio Street 65
#05-17/20 Techpoint
Singapore 569059

15 June 2010

Dear Sir,

Please find attached two announcements in relation to holdings by Marathon Asset Management LLP in STATS ChipPAC Ltd.

Kindly note that the dates of the effective change are sometime in the past. Marathon has a deemed interest in shares in STATS ChipPAC Ltd as a result of its relationship with its underlying investment management clients. These clients fall into two categories; those where Marathon has full control over the STATS ChipPAC Ltd shares (including the exercise of voting rights), and those where Marathon has authority to acquire and dispose but does not have the authority to exercise voting rights.

Until recently Marathon, together with its legal advisors in Singapore, had taken the position that it only had a deemed interest in relation to the proportion of the shares where it could exercise the voting right, and disclosures have been made on that basis. From the consultation paper issued by MAS in October 2007 on the proposed changes to the Securities and Futures Act regarding notification of substantial shareholding, we noted that until the proposed changes were to come into effect, the disclosure requirements of substantial shareholders would be as stated in the Companies Act.

However, due to the recent joint notice from ACRA and MAS, Marathon has decided to make the announcement on substantial shareholding on the basis of its total interest, notwithstanding that it still differentiates between shares in which it has voting control, and shares in which it only has the right to acquire and dispose.

Please let me know if you need any further information.

Yours faithfully,

Simon Davies
Head of Compliance

Marathon Asset Management LLP
Orion House, 5 Upper St. Martin’s Lane, London WC2H 9EA.
Registered in England No OC 305964    Authorised and Regulated by the FSA.
Registered in the United States with the Securities and Exchange Commission.

To: Singapore Exchange Securities Trading Limited
2 Shenton Way #19-00
SGX Centre 1
Singapore 068804

Attn: Head of Market Control
Fax no: (65) 6438 4306

Dear Sirs,

Notice Of Substantial Shareholder’s Interests/Change in Interests/Cessation of Interests*

1.     In accordance with Section 137 of the Securities and Futures Act 2001, I/we hereby notify you that I am/we are a substantial shareholder of the company identified below which is listed on SGX-ST (“listed company”) and the particulars of my/our interest(s) in the shareholdings of the listed company are as follows:-

PART I [Please complete this Part]

1. Date of notice to listed company:	15/06/2010
2. Name of Substantial Shareholder:	Marathon Asset Management LLP
3. Name of listed company:	Stats Chippac Ltd
4. Please tick one or more appropriate box(es):

ü	a New Substantial Shareholder’s Interest.
	[Please complete Parts II and IV]
o	a Change in the Percentage Level of a Substantial Shareholder’s Interest or Cessation of Interest.
	[Please complete Parts III and IV]

PART II

1. Date of change of interest:	30/04/2007
2. Name of Registered Holder1 :	Shares held by various custodians (refer to annex A)
3. Circumstance(s) giving rise to the interest or change in interest:	Open Market Purchase

4. ²Information relating to shares held in the name of the Registered Holder: -

No. of shares held before the change:	93,770,000
As a percentage of issued share capital:	4.64%
No. of shares which are the subject of this notice:	32,005,000
As a percentage of issued share capital:	1.58%
Amount of consideration (excluding brokerage and stamp duties) per share paid or received:	1.8498 SGD
No. of shares held after the change:	125,775,000
As a percentage of issued share capital:	6.22%

PART III

1. Date of change of interest:

2. The change in the percentage level:

3. Circumstance(s) giving rise to the interest or change in interest:

4. A statement of whether the change in the percentage level is the result of a transaction or
a series of transactions.

PART IV

1. Holdings of Substantial Shareholder, including direct and deemed interest: -

	Direct		Deemed
No. of shares held before the change:				93,770,000
As a percentage of issued share capital:		%		4.64	%
No. of shares held after the change:				125,775,000
As a percentage of issued share capital:		%		6.22	%

Footnotes The percentages are calculated based on issued shares capital of 2,022,154,000 shares.

2. My/our contact details, should you have any queries regarding this Notice and its contents are as follows:-

(a)	Telephone number:- +44 (0) 20 7497 2211
(b)	#Name of contact person:- Simon Davies
(c)	Address:-
	Marathon Asset Management LLP
	Orion House
	5 Upper St Martin’s Lane
	London, WC2H 9EA
	UK

^#To be filled in if substantial shareholder is a company.

Yours faithfully,
Name:	Simon Davies
Designation (if applicable): Head of Compliance Date: 15 June 2010

Note :

¹ To fill in the name of registered holder if the shares of the listed company are not registered in the name of the substantial shareholder

² To be filled in regardless of whether the shares of listed company are or are not registered in the substantial shareholder’s name.

*please delete, whichever is the case

Annex A

Custodian	Holding
BNP Paribas Securities Services		446,000
Bank of New York		8,242,000
Brown Brothers Harriman		5,713,000
JP Morgan Chase		10,068,000
Citibank		557,000
Citibank Hong Kong		1,762,000
Danske Bank		3,309,000
Mellon Trust		32,041,000
National Australia Bank Ltd		514,000
Nordea		1,409,000
Northern Trust		13,409,000
PFPC Trust Company		667,000
RBC Dexia		4,331,000
State Street Bank & Trust Company, Boston		43,307,000
Total		125,775,000

To: Singapore Exchange Securities Trading Limited
2 Shenton Way #19-00
SGX Centre 1
Singapore 068804

Attn: Head of Market Control
Fax no: (65) 6438 4306

Dear Sirs,

Notice Of Substantial Shareholder’s Interests/Change in Interests/Cessation of Interests*

1.     In accordance with Section 137 of the Securities and Futures Act 2001, I/we hereby notify you that I am/we are a substantial shareholder of the company identified below which is listed on SGX-ST (“listed company”) and the particulars of my/our interest(s) in the shareholdings of the listed company are as follows:-

PART I [Please complete this Part]

1. Date of notice to listed company:	15/06/2010
2. Name of Substantial Shareholder:	Marathon Asset Management LLP
3. Name of listed company:	Stats Chippac Ltd

4. Please tick one or more appropriate box(es):

o	a New Substantial Shareholder’s Interest.
	[Please complete Parts II and IV]
ü	a Change in the Percentage Level of a Substantial Shareholder’s Interest or Cessation of Interest.
	[Please complete Parts III and IV]

PART II

1. Date of change of interest:	(DD/MM/YYYY)
2. Name of Registered Holder1 :
3. Circumstance(s) giving rise to the interest or change in interest:

4. ²Information relating to shares held in the name of the Registered Holder: -

No. of shares held before the change:
As a percentage of issued share capital:	%
No. of shares which are the subject of this notice:
As a percentage of issued share capital:	%
Amount of consideration (excluding brokerage and stamp duties) per share paid or received:
No. of shares held after the change:
As a percentage of issued share capital:	%

PART Ill

1. Date of change of interest:	17/10/2008
2. The change in the percentage level:	From 6.96% to 7.04%
3. Circumstance(s) giving rise to the interest or change in interest:	Open Market Purchase
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions.	A transaction

PART IV

1. Holdings of Substantial Shareholder, including direct and deemed interest: -

	Direct		Deemed
No. of shares held before the change:				153,341,000
As a percentage of issued share capital:		%		6.96	%
No. of shares held after the change:				155,009,000
As a percentage of issued share capital:		%		7.04	%

Footnotes The percentages are calculated based on issued shares capital of 2,202,167,000 shares.

2. My/our contact details, should you have any queries regarding this Notice and its contents are as follows:-

(a)	Telephone number:- +44 (0) 20 7497 2211
(b)	#Name of contact person:- Simon Davies
(c)	Address:- Marathon Asset Management LLP Orion House 5 Upper St Martin’s Lane London, WC2H 9EA UK

^#To be filled in if substantial shareholder is a company.

Yours faithfully,

Name:	Simon Davies
Designation (if applicable): Head of Compliance Date: 15 June 2010

Note :

¹ To fill in the name of registered holder if the shares of the listed company are not registered in the name of the substantial shareholder

² To be filled in regardless of whether the shares of listed company are or are not registered in the substantial shareholder’s name.

*please delete, whichever is the case

Orion House
5 Upper St. Martin’s Lane
London WC2H 9EA
Telephone: +44 (0) 20 7497 2211
Fax: +44 (0) 20 7497 2399

Ms. Janet Taylor
STATSChipPAC Ltd
10 Ang Mo Kio Street 65
Techpoint #05-17/20
Singapore 569059

17 June 2010

Dear Janet,

Thank you for your recent fax.

I can confirm that the proportion of shares in which Marathon Asset Management LLP held voting rights and dispositive only rights, as at 17-10-2008, are as detailed below:

	Voting	Dispositive Only	Total
Nominal	113,059,000	41,950,000	155,009,000
Percentage	5.13%	1.19%	7.04%

Yours faithfully,

Simon Davies
Head of Compliance

Marathon Asset Management LLP
Orion House, 5 Upper St. Martin’s Lane, London WC2H 9EA.
Registered in England No OC 305964    Authorised and Regulated by the FSA.
Registered in the United States with the Securities and Exchange Commission.