Today's Information |
Provided by: AcBel Polytech Inc. | |||||
SEQ_NO | 4 | Date of announcement | 2022/08/02 | Time of announcement | 16:09:05 |
Subject | The Board of Directors approve AcGile EV Power Inc. Cash capital increase. | ||||
Date of events | 2022/08/02 | To which item it meets | paragraph 20 | ||
Statement | 1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):AcGile EV Power Inc. ordinary shares. 2.Date of occurrence of the event:2022/08/02~2022/08/02 3.Amount, unit price, and total monetary amount of the transaction: Upper limit:70,000,000 shares, NT$10 per share, Monetary amount NT$700,000,000 4.Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed):AcGile EV Power Inc.; 100% subsidiary of AcBel Polytech Inc. 5.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer: (1)Reason: Investment in electric vehicle power business. (2)Previous owner:N/A 6.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction: N/A 7.Matters related to the current disposal of creditors' rights (including types of collaterals of the disposed creditor's rights; if creditor's rights over a related party, announcement shall be made of the name of the related party and the book amount of the creditor's rights, currently being disposed of, over such related party): N/A 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition): N/A 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:Investment based on AcGile EV Power Inc. fund requirement. 10.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit: The Board of Directors approve the investment by par value NT$10 per share. 11.Net worth per share of the Company's underlying securities acquired or disposed of: NT$9.995 12.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment: Upper limit: 80,000,000 shares, monetary amount NT$800,000,000, shareholding percentage 100%, no restriction of rights. 13.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present: To total assets:23.57%; To equity attributable to owners of the parent:61.41%; Working capital: -3,180,399 thousand (The company issued NT$5 billion domestic convertible bonds on 2022/02/23. Working capital increase substantially and sufficient for this investment.) 14.Broker and broker's fee:N/A 15.Concrete purpose or use of the acquisition or disposal: Investment in electric vehicle power business. 16.Any dissenting opinions of directors to the present transaction:None. 17.Whether the counterparty of the current transaction is a related party:Yes 18.Date of the board of directors resolution:2022/08/02 19.Date of ratification by supervisors or approval by the Audit Committee:2022/08/02 20.Whether the CPA issued an unreasonable opinion regarding the current transaction:N/A 21.Name of the CPA firm:N/A 22.Name of the CPA:N/A 23.Practice certificate number of the CPA:N/A 24.Whether the transaction involved in change of business model:None 25.Details on change of business model:N/A 26.Details on transactions with the counterparty for the past year and the expected coming year:Past year: Set up AcGile EV Power Inc. and increase capital to NT$100 million. Expected coming year: Invest progressively within the upper limit approved by the Board of Directors. 27.Source of funds: The company own funds. 28.Any other matters that need to be specified: AcGile EV Power Inc. current capital is NT$100 million. AcBel will invest and increase AcGile's capital to NT$800 million based on the upper limit approved by the Board of Directors. |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
AcBel Polytech Inc. published this content on 02 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 August 2022 08:19:01 UTC.