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

Capital Injection into ASCBVI

24 Mar 2016 12:48

RNS Number : 2301T
Acer Incorporated
24 March 2016
 

Subject: Capital Injection into Acer SoftCapital Incorporated (ASCBVI)

Date of events:2016/03/24

Contents:

1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield): Common share of Acer SoftCapital Incorporated ("ASCBVI")

2.Date of occurrence of the event: 2016/03/24

3.Volume, unit price, and total monetary amount of the transaction: 

To make a capital injection up to US$ 50 million, directly investing into ASCBVI.

4.Counterpart to the trade and its relationship to the Company (if the trading counterpart is a natural person and furthermore is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed): Not applicable

5.Where the counterpart to the trade is an actual related party, a public announcement shall also be made of the reason for choosing the related party as trading counterpart and the identity of the previous owner (including its relationship with the company and the trading counterpart), price of transfer, and date of acquisition: Not applicable

6.Where a person who owned the property within the past five years has been an actual related person of the company, a public announcement shall also include the dates and prices of acquisition and disposal by the related person and the person's relationship to the company at those times: Not applicable

7.Matters related to the creditor's rights currently being disposed of (including types of collateral of the disposed creditor's rights; if the creditor's rights are creditor's rights toward a related person, the name of the related person and the book amount of the creditor's rights toward such related person currently being disposed of must also be announced): Not applicable

8.Anticipated profit or loss from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status or recognition shall be stated and explained):Not applicable

9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations:Not applicable

10.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department: Board of Directors of Acer Incorporated

11.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges): ASCBVI: up to capital of US$76,300K; directly 100% owned

12.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operating capital as shown in the most recent financial statement: Current ratio of long or short term securities investment to the total assets:58.46%; Current ratio of long or short term securities investment to the total assets and shareholder's equity:118.49%; operating capital:(NTD14,472,458K)

13.Broker and broker's fee: None

14.Concrete purpose or use of the acquisition or disposition: To do investment activities

15.Net worth per share of company underlying securities acquired or disposed of: None

16.Do the directors have any objection to the present transaction?: None

17.Has the CPA issued an opinion on the unreasonableness of the price of the current transaction?: Not applicable

18.Any other matters that need to be specified: None

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBDGDXRSDBGLS
Date   Source Headline
6th Jun 20169:42 amRNSDisclosure on behalf of Acer Subsidiary, ABH
1st Jun 20169:58 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
31st May 201610:11 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
31st May 20167:00 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
26th May 20163:41 pmRNSPrice Monitoring Extension
26th May 201610:21 amRNSSupplemental Announcement dated Mar 24, 2016
26th May 201610:16 amRNSTo attend "Fubon Jefferies Taiwan Forum 2016"
24th May 201611:30 amRNSNotice of 2016 GSM and Meeting Handbook
24th May 20169:44 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
24th May 20169:38 amRNSSupplemental Announcement dated Mar 24, 2016
23rd May 20163:46 pmRNSSecond Price Monitoring Extn
23rd May 20163:43 pmRNSPrice Monitoring Extension
12th May 201611:00 amRNSConsolidated Financial Statements of 2016 Q1
12th May 20168:39 amRNSTo amend the amounts of dividend distribution
12th May 20168:38 amRNSAcer to donate to Acer Foundation
12th May 20168:37 amRNSCapital Reduction through Cancellation RSA
12th May 20168:35 amRNSAcer to Reveal the Results of Q1 '16
10th May 20168:25 amRNSUn-Audited Monthly Sales Ended April 30, 2016
4th May 20163:47 pmRNSSecond Price Monitoring Extn
4th May 20163:42 pmRNSPrice Monitoring Extension
29th Apr 201610:02 amRNSAmendment on behalf of Acer Subsidiary, ACCQ
29th Apr 201610:02 amRNSAmendment on behalf of Acer Subsidiary, ACCQ
29th Apr 20169:34 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
29th Apr 20169:33 amRNSA Syndicated Loan Agreement Is Signed
26th Apr 20169:38 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
25th Apr 20169:52 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
12th Apr 20169:10 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
11th Apr 20168:43 amRNSUn-Audited Monthly Sales Ended March 31, 2016
5th Apr 20167:00 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
1st Apr 201610:50 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
30th Mar 201610:58 amRNSTo Announce the Maturity of Unsecured CB
29th Mar 20167:00 amRNSDisclosure on behalf of Acer Subsidiary, ACCN
24th Mar 201612:57 pmRNSConsolidated Financial Statements of 2015 Q4
24th Mar 201612:55 pmRNSHead of IT Products Business Position Adjustment
24th Mar 201612:50 pmRNSHead of Pan Asia Regional Operations Changed
24th Mar 201612:48 pmRNSCapital Injection into ASCBVI
24th Mar 201612:46 pmRNSDisclosure on behalf of Acer Subsidiary, ACTI
24th Mar 201612:45 pmRNSTo simplify investment structure in EMEA
24th Mar 201612:44 pmRNSDisclosure on behalf of Acer Subsidiary, AAH
24th Mar 201612:41 pmRNSTo establish wholly-owned new business holding co.
24th Mar 201612:33 pmRNSTo establish Chongqing Capital Venture Fund
24th Mar 201612:32 pmRNSTo establish Acer TW-US Venture Investment Fund I
24th Mar 201612:30 pmRNSDisclose for Acer Subsidiary, ACTI
24th Mar 201612:23 pmRNSDisclose for Acer's subsidary, GWI
24th Mar 201612:16 pmRNSCompensation for employees and directors of 2015
24th Mar 201612:11 pmRNSAcer BOD resolved to distribute dividends
24th Mar 201612:08 pmRNSAcer BOD Approved to Convene the 2016 GSM
24th Mar 201610:37 amRNSAcer's Consolidated Financial Result of 2015
24th Mar 201610:35 amRNSDisclosure on behalf of Acer Subsidiary, GWI
10th Mar 20169:07 amRNSUn-Audited Monthly Sales Ended Feb 29, 2016

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.