Sept 7 (Reuters) - Pacific Insight Electronics Corp PIH.TO :
* Pacific Insight Electronics Corp - confirmed that it received a written proposal from Shenzhen Kaizhong Precision Technology September 6
* Pacific Insight Electronics Corp - proposal from Shenzhen Kaizhong offering to enter into arrangement agreement with co to acquire all of co's shares
* Pacific Insight Electronics Corp - Kaizhong Proposal cannot be a "superior proposal" within meaning of agreement with Methode
* Pacific Insight Electronics-directors of co, CEO unanimously confirmed, continue to support transaction with Methode as being in best interests of co