Financial Supervisory Commission approves the
suspension of public offering of the Company's
securities
Date of events
2022/08/09
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/08/09
2.Company name:Dynamic Electronics Co., Ltd.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):head office
4.Reciprocal shareholding ratios:not applicable
5.Cause of occurrence:
1) The Company's Shareholders' Meeting passed the resolution on May 20,
2022 of becoming a 100% subsidiary of Dynamic Holding Co., Ltd. (hereinafter
referred to as Dynamic Holding) through share swap, and Dynamic Holding will
acquire all the issued shares of the Company. The base date for share
conversion is August 25, 2022. The Company will terminate the stock listing
and stop public offering on the base date for share conversion.
2) The Company applied to the Financial Supervisory Commission (hereinafter
referred to as FSC) to stop the public offering of securities in accordance
with relevant laws and regulations, which was approved by the FSC
Jinguanzhengfazi No.1110350759 letter, and has been on record. Since August
25, 2022, the public offering of the Company's securities has been suspended.
6.Countermeasures:none
7.Any other matters that need to be specified:none
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Disclaimer
Dynamic Electronics Co. Ltd. published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 13:05:06 UTC.
Dynamic Holding Co Ltd is a Taiwan-based company mainly engaged in the manufacturing, processing and sales of printed circuit boards. The Company's main products include traditional rigid boards, high-density link boards, rigid-soft composite boards, high-grade multilayer boards, thick copper boards, high heat dissipation boards with embedded copper blocks, and high frequency microwave boards. The products are mainly used in automotive, optoelectronics, storage devices, consumer electronics, networking and green energy boards. The Company sells products in the Taiwan market as well as in mainland China, Germany, Thailand, Korea, the United States and other overseas markets.