Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Supplement Announcement Dated Nov. 4, 2015

17 Jun 2016 16:59

RNS Number : 6075B
Acer Incorporated
17 June 2016
 

Subject: Supplemental Announcement Dated Nov. 4, 2015 Investment to Establish New Subsidiary (Taiwan) 

To which item it meets--article 4 paragraph xx:20

Date of events:2016/06/17

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 Cloud Technology (Taiwan) Inc.

2.Date of occurrence of the event:2016/06/17

3.Volume, unit price, and total monetary amount of the transaction:Acer Beingware Holding Inc.invests NTD60M directly to acquire 100% common shares of Acer Cloud Technology (Taiwan) Inc.

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 acquisitionNot 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):

The common shares of Acer Cloud Technology (Taiwan) Inc.

@Total Amount: NTD60M; Shareholding: 100%

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:53.48%; Current ratio of long or short term securities

@investment to the total assets and shareholder's equity:128.57%;

@operating capital:-NTD10,600,708K

13.Broker and broker's fee:None

14.Concrete purpose or use of the acquisition or disposal:

@To develop cloud technology and internet of beings.

15.Net worth per share of the 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
 
 
MSCEASKXFSKKEFF

Related Shares

Back to RNS

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.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.