Last checked at 15 Sep 2015 12:42
Subject: Announcement of resolution of board of directors for issuance of new common shares in exchange for common shares of Siliconware Precision Industries Co., Ltd.("SPIL")
Date of events:2015/09/15
Contents:
1.Kind of merger/acquisition (e.g.merger, consolidation, spin-off,acquisition, or receiving assignment of shares):Receiving assignment of shares
2.Date of occurrence of the event:2015/09/15
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):
Siliconware Precision Industries Co., Ltd.("SPIL")
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):SPIL
5.Purpose/objective of the merger/acquisitionation:
To pursue vertical integration and further industry partnership and
business cooperation
6.Anticipated benefits of the merger/acquisition:
Cooperate in technology and business to provide customers with best
integrated solutions
7.Effect of the merger or consolidation on net worth per share and earnings per share:
The industry partnership can enhance each parties' competitiveness
and is positive to earnings and net worth per share.
8.Share exchange ratio and basis of its calculation:
(1)Exchange ratio: 1 common share of the Company exchange for 2.34 of common shares of SPIL
(2)Calculation basis:Exchange ratio is determined based on the recent market price of each parties' shares and financial information etc., taking into account various other key factors.
9.Scheduled timetable for consummation:
Share exchange record date is scheduled on December 1, 2015
10.Basic information of companies participating in the merger:
(1)Hon Hai Precision Industry Co., Ltd: 3C electronic products design and manufacture
(2)SPIL: Semiconductor assembly and test