Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities ::Supplement announcement of the Company subscription of capital increase by cash

Issuer & Securities

Issuer/ Manager
ACER INCORPORATED
Securities
ACER INC US$200M CB170810 - XS0528416315 - 4ISB
Stapled Security
No

Announcement Details

Announcement Title
Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities
Date &Time of Broadcast
23-Dec-2014 18:53:54
Status
New
Announcement Sub Title
Supplement announcement of the Company subscription of capital increase by cash
Announcement Reference
SG141223OTHR9MNT
Submitted By (Co./ Ind. Name)
Nancy Hu
Designation
CFO
Effective Date and Time of the event
23/12/2014 18:55:00
Description (Please provide a detailed description of the event in the box below)
1.Date of the resolution by the board of directors or
decision by the Company:2014/12/23
2. Number of shares issued: 300,000,000 shares
3. Par Value per share: NT$10
4. Total monetary amount of the issue: NT$3,000,000,000
5. Issue price:NT$18
6. Number of shares subscribed by or allocated to employees: 30,000,000 shares
7. Ratio of shares subscribed by existing shareholders: 0.086 per share
for subscription
8. Number of shares publicly sold:10% of the total number of new shares
(30,000,000 shares) are reserved for subscription by the public
9. Method of handling fractional shares and shares
unsubscribed by the deadline: In case the employees and original shareholders do not subscribe sufficiently and adequately, except the combination of shares by some shareholders within five (5) days from book closure date, the Chairman is to be authorized to negotiate with designated individuals to sell shares at issuing price.
10. Rights and obligations of the newly issued shares: Same as the existing
common shares
11. Utilization of the funds from the capital increase: Pay off bank loan
and redemption repayment from the put option executed by the ECB holders
12. Record date of cash capital increase: 2015/01/11
13. Last date before book closure: 2015/01/06
14. Book closure starting date: 2015/01/07
15. Book closure ending date: 2015/01/11
16. The period for payment of subscription:2015/01/19~2015/01/26
17. The dates of the agreement with proceeds collection and deposit banks:
2014/12/23
18. The name of the bank designated to collect proceeds:
Nanjing E. Rd. Branch of Taipei Fubon Commercial Bank and it's all
branches over Taiwan
19. The name of the bank designated to deposit proceeds:
Ren-ai Branch of Taiwan Cooperative Bank
20. ny other matters that need to be specified: N/A