Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities ::Acer BOD resolved not to distribute dividends

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-Mar-2015 17:37:55
Status
New
Announcement Sub Title
Acer BOD resolved not to distribute dividends
Announcement Reference
SG150325OTHRL9XX
Submitted By (Co./ Ind. Name)
Nancy Hu
Designation
CFO
Effective Date and Time of the event
25/03/2015 18:00:00
Description (Please provide a detailed description of the event in the box below)
1. Date of the board of directors resolution : 2015/03/25
2. Appropriations of earnings in cash dividends to shareholders (NT$ per share):0
3. Cash distributed from legal reserve and capital surplus to shareholders (NT$ per share):0
4. Total amount of cash distributed to shareholders (NT$):0
5. Appropriations of earnings in stock dividends to shareholders (NT$ per share):0
6. Stock distributed from legal reserve and capital surplus to shareholders (NT$ per share):0
7. Total amount of stock distributed to shareholders (shares):0
8. Remunerations for directors and supervisors (NT$):0
9. Cash bonus to employees (NT$):0
10. Stock bonus to employees (NT$):0
11. Any other matters that need to be specified:
To compensate the deficit by special reserve, legal reserve, and capital surplus.