The Company's Board of Directors resolved
to conduct capital reduction to offset losses.
Date of events
2022/02/21
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/02/21
2.Reason for capital reduction:To make up for accumulated losses
to improve financial structure.
3.Amount of capital reduction:NTD3,286,091,920
4.Cancelled shares:328,609,192 shares
5.Capital reduction ratio:75.00%
6.Share capital after capital reduction:NTD1,095,363,980
7.Scheduled date of the shareholders' meeting:2022/06/10
8.Estimated no.of TPEx-listed common shares after issuance
of new shares upon capital reduction:18,811,042 shares
9.Estimated ratio of TPEx-listed common shares after issuance
of new shares upon capital reduction to outstanding common
shares:17.17%
10.Please explain any countermeasures for lower circulation
in shareholding if the aforesaid estimated no.of TPEx-listed
common shares upon capital reduction does not reach 5 million
and the ratio does not reach 25%:N/A
11.Record date of capital reduction:After this case is approved by the
shareholders' meeting and submitted to the competent authority for approval,
the chairman shall be authorized to order Determining the base date for
capital reduction, operation plan for stock exchange, base date for capital
reduction and share exchange, and other procedures related to capital
reduction related matters.
12.Any other matters that need to be specified:
(1)The shares reduced this time shall be recorded in the shareholder
register on the base date of capital reduction and exchange Shareholders
who cancel their shares in accordance with their shareholding ratios,
after the capital reduction is less than one share of abnormal shares,the
shareholders can reduce the capital by themselves.From the 5th day before
the closing date of the share conversion to the one day before the closing
of the registration,the company shall report to the company's stock agency
by itself.If the organization handles the registration of the whole stock,
if it is abandoned or still less than one share after the combination,the
par value will be Redistributed to shareholders in cash (rounded to the
nearest dollar insufficient amount shall be rounded off)to shareholders,
all odd shares less than one share Authorize the chairman to negotiate
with a specific person to subscribe for it at face value.After the
capital reduction and exchange,the shares are issued without entity.The
rights and obligations are the same as the original issued shares.
(2)Afterwards,if the company's shares are repurchased due to cash capital
increase, private placement of ordinary shares or convertible corporate
bonds,or repurchase of the company's shares Shares, transfer, convert and
cancel or convert corporate bonds and employee stock options certificates
of treasury shares in accordance with the issuance and When the conversion
method is converted,if the capital reduction ratio changes as a result,it
is proposed to request the shareholders' meeting to authorize the board of
directors to fully right to deal with.
(3)If the case is subject to approval by the competent authority or changes
in laws and regulations,the board of directors shall be authorized to
handle it with full authority.
(4)This case has been approved by the Audit Committee, and after the
approval of the Board of Directors,it will be submitted to the regular
shareholders' meeting for discussion.
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Advanced Microelectronic Products Inc. published this content on 21 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 February 2022 09:50:03 UTC.
ADVANCED MICROELECTRONIC PRODUCTS, INC. is a Taiwan-based company principally engaged in the research, development, design, manufacture and sales of various kinds of semiconductor components. The Company's main products include 6-inch wafer integrated circuits, discrete components, power metal-oxide-semiconductor field-effect transistors (MOSFETs), power diodes and others. The Company distributes its products in domestic market.
ADVANCED MICROELECTRONIC PRODUCTS,INC. 
