Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities ::To Announce he Modification of the Source of Repayment for 2010 Unsecured Overseas Convertible CB
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
25-Aug-2014 16:10:10
Status
New
Announcement Sub Title
To Announce he Modification of the Source of Repayment for 2010 Unsecured Overseas Convertible CB
Announcement Reference
SG140825OTHRB3NE
Submitted By (Co./ Ind. Name)
Nancy Hu
Designation
CFO
Effective Date and Time of the event
25/08/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
1.Date of occurrence of the event:2014/08/15
2.Company name: Acer Inc.
3.Relationship to the Company (please enter "head office" or "subsidiaries"): Head office
4.Reciprocal shareholding ratios: N/A
5.Name of the reporting media: N/A
6.Content of the report: None
7.Cause of occurrence: To increase the diversity of the sources of the Company s funds and to maintain flexibility to use the Company s funds, the originally planned source of redemption/repurchase of Year 2010 First and Second Issuance of Unsecured Overseas Convertible Corporate Bonds (Acer's zero coupon convertible bonds due 2015 and 2017) will be changed from the funds generated from annual operation into the funds generated from business and financing activities.
8.Countermeasures: None
9.Any other matters that need to be specified:None
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