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Clarification of News Report

4 Jan 2019 08:32

RNS Number : 2228M
Acer Incorporated
04 January 2019
 

Subject: Clarification of News Report

Contents:

1.Date of occurrence of the event:2019/01/04

2.Company name: Acer

3.Relationship to the Company (please enter "head office" or "subsidiaries"):head office

4.Reciprocal shareholding ratios: N.A.

5.Name of the reporting media:2019/01/04 InfoTimes

6.Content of the report:

Acer's subsidiary, StarVR, will be dissolved in early 2019…

7.Cause of occurrence:

"Acer's subsidiary, StarVR, will be dissolved in early 2019…" reported in the news is the analyst and media's speculation. StarVR has no plan to dissolve and transfer its technologies.

In addition, Acer's December 30, 2018 announcement of an estimated loss around NT$233M resulted from Starbreeze Convertible Bonds, thus Acer foresees no immediately material effect on Acer's business operation and working capital.

8.Countermeasures:None

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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