Today's Information |
Provided by: WALSIN LIHWA CORPORATION | |||||
SEQ_NO | 2 | Date of announcement | 2022/07/28 | Time of announcement | 17:36:01 |
Subject | (Update announcement dated 2022/05/24)Announcement for Walsin Lihwa Holdings Limited increase capital of Borrego Energy, LLC through its U.S. Subsidiary | ||||
Date of events | 2022/07/28 | 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.):Borrego Energy, LLC's equity. Walsin Lihwa Holdings Limited increase capital of Borrego Energy, LLC through Walsin America, LLC. and Borrego Energy Holdings, LLC. 2.Date of occurrence of the event: 2022/07/28 3.Amount, unit price, and total monetary amount of the transaction: (1)Amount:NA (2)Unit price:NA (3)Total monetary amount of the transaction: About USD30,139 thousand 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): Walsin America, LLC is a 100% owned subsidiary of Walsin Lihwa Holdings Limited; Borrego Energy Holdings, LLC is a about 72.55% owned subsidiary of Walsin America, LLC.; Borrego Energy, LLC is a 100% owned subsidiary of Borrego Energy Holdings, LLC. 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:Cash capital increase, not applicable. 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:NA 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):NA 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition):NA 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:None 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: (1)Cash capital increase (2)decision-making unit:Board of Directors 11.Net worth per share of the Company's underlying securities acquired or disposed of:NA 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: Amount:NA Price:About USD30,139 thousand Shareholding percentage:About 72.55% Restriction of rights:None 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:15.02%/23.36%/NTD 5,180,531 thousand 14.Broker and broker's fee: None 15.Concrete purpose or use of the acquisition or disposal: To meet the needs of business development. 16.Any dissenting opinions of directors to the present transaction:No 17.Whether the counterparty of the current transaction is a related party:Yes 18.Date of the board of directors resolution:2022/05/24 19.Date of ratification by supervisors or approval by the Audit Committee:2022/05/24 20.Whether the CPA issued an unreasonable opinion regarding the current transaction:No 21.Name of the CPA firm:Crowe (TW) CPAs 22.Name of the CPA:Wu, Meng-Ta 23.Practice certificate number of the CPA: Taiwan Finance Certificate (6) No. 3622 24.Whether the transaction involved in change of business model:No 25.Details on change of business model:NA 26.Details on transactions with the counterparty for the past year and the expected coming year:NA 27.Source of funds:NA 28.Any other matters that need to be specified: 1.The Company has released the announcement on 2022/5/24 regarding to the U.S. subsidiary investment structure adjustment and the sale of all 2022 Solar Development, Inc.'s (renamed: New Leaf Energy,Inc.) shares by Walsin Lihwa Holdings Limited with the closing date of transaction on 2022/7/28 (7/27 US time). 2.This announcement of material information is to update the actual capital increase amount and the shareholding ratio of Borrego Energy Holdings, LLC which will be held by Walsin America, LLC. 3.Other relevant update announcements regarding this transaction will be released after financial information is verified. |
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Walsin Lihwa Corporation published this content on 28 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2022 09:47:09 UTC.