Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities ::The Company's Capital Amendment Registration Has Been Completed

Issuer & Securities

Issuer/ Manager
ACER INCORPORATED
Securities
ACER INC US$200M CB170810 - XS0528416315 - 4ISB

Announcement Details

Announcement Title
Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities
Date &Time of Broadcast
23-Jun-2014 15:04:36
Status
New
Announcement Sub Title
The Company's Capital Amendment Registration Has Been Completed
Announcement Reference
SG140623OTHRDIYW
Submitted By (Co./ Ind. Name)
Nancy Hu
Designation
CFO
Effective Date and Time of the event
23/06/2014 15:30:00
Description (Please provide a detailed description of the event in the box below)
Subject: To Announce the Company's Capital Amendment Registration Has Been Completed Due to Cancellation of the First Shares Repurchased in 2011
Date of events: 2014/06/23
Contents:
1. Date of the Competent Authority's approval of the capital reduction: 2014/06/19
2. Date of completion of capital amendment registration: 2014/06/19
3. Effect on the company financial report (including any discrepancy between the amount of paid-in capital and the number of shares outstanding and the effect on net worth per share):
(1) 28,619,000 shares have been cancelled with par value NTD 10, and the capital reduced NTD 286,190,000 for total this time.
(2) Before capital reduction: The amount of paid-in capital was NTD28,347,268,280; the number of common shares outstanding was 2,834,726,828. Net worth per share was NTD 20.35.
(3) After capital reduction: The amount of paid-in capital was NTD28,061,078,280; the number of common shares outstanding was 2,806,107,828. Net worth per share was NTD 20.35.
(4)Net worth per share based on the latest self-closing financial statements.
4. Planned share conversion operations: N.A
5. Estimate listed shares, the ratio of listed shares to outstanding shares, after the capital reduction: N.A
6. Countermeasures of the aforesaid estimate change in shareholding after the capital reduction: N.A
7. Any other matters that need to be specified:
The Company received the MOEA's approval letter on June 23, 2014.