Last checked at 11 Sep 2018 10:46
Subject: Announcement of the Completion of Capital Amendment Registration
Date of events: 2018/09/11
Contents:
1.Date of the Competent Authority's approval of
the capital reduction:2018/08/08
2.Date of completion of capital amendment registration:2018/09/10
3.Effect on the company financial report (including any discrepancy between
the amount of paid-in capital and the number of shares outstanding and the
effect on net worth per share):
the amount of paid-in capital
before capital reduction 173,287,382,620
after capital reduction 138,629,906,090
the number of shares outstanding
before capital reduction 17,328,738,262
after capital reduction 13,862,990,609
the effect on net worth per share
before capital reduction 68.58
after capital reduction 83.23
4.Planned share conversion operations:
(1)The preliminary plan of the replacement of share certificates for capital
reduction 2018 was based on the Articles of Incorporation and Taiwan Stock
Exchange Corporation Procedures for Replacement of Share Certificates.
(2)The shares to be converted include all the listed common shares amounted
17,328,738,262 shares with par value NTD10, amounted NTD173,287,382,620.
(3)The amount and the number of shares of the capital reduction will be
NTD34,657,476,530 and 3,465,747,653 shares respectively.
Capital reduction ratio:20%.
(4)Total shares and amount of the common shares after the capital reduction
:13,862,990,609 shares; par value NTD10; capital-common shares
NTD138,629,906,090.
(5)According to the total shares issued in the preceding paragraph, 200
shares are reduced per thousand shares (that is, 800 shares are converted
per thousand share). After capital reduction, shareholders may combine
shares of common stock less than 1 share with the Company's agent for stock
affairs five days before the book closure date. For fractional shares of
common stock that are still less than 1 share after combination, cash bill
be distributed at the closing price (rounded up to the nearest integer) on
the last trading date at the stock exchange market before the record date
for cash reduction and stock conversion; Chairman is authorized to appoint
a specific party to subscribe to such fractional shares at the closing
price.
(6)Schedule:
a.The record date of the replacement of share certificates is 2018/10/25
b.The last trade day of old shares:2018/10/17
c.Trading supension sarting date of old shares:2018/10/18
d.Book closure date of old shares: From 2018/10/21 to 2018/10/25. Book
closure ending date:2018/10/20
e.The new shares will be listed on 2018/10/26
f.The new shares are entitled to the same right and obligation as the
original shares.
g.Payment date of the returned cash capital:2018/10/26.
(7)Conversion procedure:
a.Since the Company has issued share certificates in scripless form,for
the shareholders who do not have a centralized custody account, please open one with your current security firm to ensure the operation of the
conversion can be carried out.
b.For the shareholders who complete stock transfer of old shares with paper
certificate, please prepare the share of certificates and seal to apply the
conversion with the Company's transfer agent.
c.For the shareholders who failed to complete stock thansfer booking of old
shares with paper certificate, please prepare the share certificates and the
notice of transferring and booking, the report of purchasing or the tax
record of the trades, the list of the numbers of the withdrawing shares and
the copy of both sides of your ID to apply stock transfer first and then to
complete the conversion procedure with the Company's transfer agent.
d.The Taiwan Depository & Clearing Corporation will convert all the shares
which have been deposited in centralized custody accounts in scripless form on the first trading date of the new shares for future trading.
e.Location of the application for conversion: Address:6F, No. 6, Section 1,
Chung Hsiao West Road, Taipei City, Taiwan(R.O.C.), Telephone:02-2371-1658.
Grand Fortune Securities Co., Ltd.
(8)For any issues not covered in here will be subjected to Company Law or
the other related regulations.
5.Estimate listed shares after the capital reduction:13,862,990,609 shares
6.The estimate ratio of listed shares to the company's issued common shares
after the capital reduction:100%
7.Countermeasures of the lower circulation in shareholding, if the aforesaid
estimate listed common shares does not reach 60 million shares and the
ration does not reach 25% after the capital reduction:NA
8.Any other matters that need to be specified:
(1)The capital amendment registration has been validated and approved by
Ministry of Economic Affairs in its letter #10701115000 dated SEP 10, 2018.
(2)If there's any amendment of the share conversion operation plan after
the application, HON HAI will announce the new plan accordingly.