Delisting of Security::Mandatory

Issuer & Securities

Issuer/ Manager
CHENG MEI MATERIALS TECHNOLOGY CORPORATION
Security
CHENG MEI MATERIALS TECH GDR - US16412W1071 - CKW

Announcement Details

Announcement Title
Delisting of Security
Date &Time of Broadcast
07-Dec-2022 16:31:27
Status
New
Announcement Reference
SG221207DLSTGRLA
Submitted By (Co./ Ind. Name)
Steve Sheng
Designation
Spokesperson
Narrative Type
Narrative Text
Additional TextPlease refer to the announcement dated August 22, 2022, by The Bank
of New York Mellon (the Depositary). The Depositary had terminated the GDR facility at 5:00 PM (Eastern Time) on Monday, November 21,
2022. (https://www.adrbnymellon.com/files/ad1014755.pdf).
Additional TextAs of November 2022, the outstanding balance of GDR were only 2,888 units. Therefore, no material benefits for neither investors nor Issuer to maintain the Issuer's listing status.
Additional TextSubsequent to Friday, November 25, 2022, under the terms of the Deposit Agreement, the Depositary may attempt to sell the underlying shares.
Additional TextIf the Depositary has sold such shares, you must surrender your GDRs to obtain payment of the sale proceeds, net of the expenses of sale, any applicable U.S. or local taxes or government charges and a cancellation fee of up to $0.05 per GDRs.
Additional TextIf you require further assistance on this announcement, please contact us at +886-6-5889988 (CMMT, IR office, Ms. Li.) Email: cmmt_ir@cmmt.com.tw

Event Dates

Effective Date and Time of the Delisting
15/12/2022 09:00:00