Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAcer Gdr Reg S Regulatory News (ACID)

  • There is currently no data for ACID

Announcement on behalf Acer subsidiaries

10 Jan 2014 10:12

RNS Number : 3794X
Acer Incorporated
10 January 2014
 



Subject: Announcement on behalf Acer subsidiaries regarding AICQ will be merged into ACCQ

Date of events: 2014/1/10

Contents:

1. Kind of merger/acquisition (e.g. merger, consolidation, spin-off, acquisition, or receiving assignment of shares): Merger

2. Date of occurrence of the event: 2014/1/10

3. Names of companies participating in the merger (e.g.name of the other company participating in the merger or consolidation, newly established company in a spin-off, acquired company, or company whose shares are taken assignment of):

The surviving company- ACCQ

The dissolved company-AICQ

4. Counterparty (e.g.name of the other company participating in the merger or consolidation, company taking assignment of the spin-off, or counterparty to the acquisition or assignment of shares):

The surviving company- ACCQ

The dissolved company-AICQ

5. Relationship between the counterparty and the Company (investee company in which the Company has re-invested and has shareholding of XX%), and explanation of the reasons for the decision to acquire, or take assignment of the shares of, an affiliated enterprise or related person, and whether it will affect shareholders' equity:

1. Both ACCQ and AICQ are indirectly fully-owned by Acer Incorporated

2. To enhance operational efficiency and strengthen management over organization

3. There is no impact on shareholders' equity

6. Purpose/objective of the merger/acquisition:

To enhance operational efficiency and strengthen management over organization

7. Anticipated benefits of the merger/acquisition:

To increase management cost efficiency and enhance operational efficiency

8. Effect of the merger or consolidation on net worth per share and earnings per share: No effect

9. Share exchange ratio and basis of its calculation: N/A

10. Scheduled timetable for consummation: Estimated within two year

11. Matters related to assumption by the existing company or new company of rights and obligations of the extinguished (or spun-off) company:

ACCQ will assure all assets and liabilities of AICQ

12. Basic information of companies participating in the merger:

The surviving company- ACCQ/Sale of brand-name information technology products

The dissolved company-AICQ/Research and design of smart hand held and touchpad products

13. Matters related to the spin-off (including estimated value of the business and assets planned to be assigned to the existing company or new company; the total number and the types and volumes of the shares to be acquired by the split company or its shareholders; matters related to the reduction, if any, in capital of the split company) (note: not applicable other than where there is announcement of a spin-off): N/A

14. Conditions and restrictions on future transfers of shares resulting from the merger or acquisition: N/A

15. Other important stipulations: N/A

16. Do the directors have any objection to the present transaction?: N/A

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCGMGMMGGLGDZM
Date   Source Headline
4th Mar 201610:14 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
3rd Mar 20163:41 pmRNSPrice Monitoring Extension
1st Mar 20169:10 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
1st Mar 20167:00 amRNSTo Explain the News Report
26th Feb 20169:49 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
23rd Feb 20169:07 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
15th Feb 20169:15 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
15th Feb 20169:11 amRNSUn-Audited Monthly Sales Ended Jan 31, 2016
12th Feb 20163:40 pmRNSPrice Monitoring Extension
10th Feb 20163:41 pmRNSPrice Monitoring Extension
29th Jan 20169:56 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
27th Jan 20168:39 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
25th Jan 20168:39 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
12th Jan 20168:09 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
11th Jan 20169:06 amRNSUn-Audited Monthly Sales Ended Dec 31, 2015
8th Jan 20163:40 pmRNSPrice Monitoring Extension
5th Jan 20168:45 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
29th Dec 20157:00 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
23rd Dec 20157:00 amRNSDisclosure on behalf of Acer Subsidiary, AAH
14th Dec 20157:47 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
10th Dec 20159:13 amRNSUn-Audited Monthly Sales Ended Nov 30, 2015
2nd Dec 20159:04 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
24th Nov 20158:47 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
13th Nov 20158:40 amRNSSupplement-Investment Framework in EMEA
11th Nov 20158:52 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
10th Nov 20159:14 amRNSUn-Audited Monthly Sales Ended Oct 31, 2015
5th Nov 20159:43 amRNSConsolidated Financial Statements of 2015 Q3
5th Nov 20159:27 amRNSCapital Injection into AMEX
5th Nov 20159:26 amRNSInvestment to establish new subsidiary (TW)
5th Nov 20159:25 amRNSInvestment and Capital Increase of AEB
5th Nov 20159:07 amRNS2015Q3 consolidated financial results
4th Nov 20159:05 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
30th Oct 20158:44 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
26th Oct 20158:44 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
9th Oct 20157:00 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
8th Oct 201511:06 amRNSCapital Amendment Registration Has Been Done
8th Oct 201510:40 amRNSUn-Audited Monthly Sales Ended Sept 30, 2015
23rd Sep 201510:50 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
14th Sep 20153:49 pmRNSSecond Price Monitoring Extn
14th Sep 20153:41 pmRNSPrice Monitoring Extension
11th Sep 201510:23 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
10th Sep 20159:10 amRNSUn-Audited Monthly Sales Ended Aug 31, 2015
10th Sep 20157:00 amRNSChange of the Co-Head of Pan America Operations
8th Sep 20157:58 amRNSDisclosure on behalf of Acer subsidiary,ACTI
1st Sep 201510:16 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
24th Aug 20153:42 pmRNSPrice Monitoring Extension
24th Aug 201510:33 amRNSDisclosure on behalf of Acer Subsidiary, ACCQ
24th Aug 201510:33 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
14th Aug 20156:35 pmPRNCorrection : 2015 Interim Results
14th Aug 20155:47 pmPRN2015 Interim Results

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.