21st Sep 2012 13:46
Subject:The Company's subsidiary, Hyield Venture Capital passed a board resolution
to subscribe convertible bonds offered by Microelectronics Technology.
Contents:
1.Date of occurrence of the event:2012/09/21
2.Cause of occurrence:
The Company's subsidiary, Hyield Venture Capital Co., Ltd. ("Hyield VC"),
and CyberTAN Technology, Inc. ("CyberTAN") agree to subscribe total NT$1.8
billion convertible bonds, offered by Microelectronics Technology Inc.
("MTI") through its private placement. Hyield VC will subscribe NT$200
million and CyberTAN will subscribe NT$1.6 billion, respectively. The
convertible bonds will be automatically converted into common shares upon
the maturity. The conversion price is NT$9 per share. Hyield VC will hold
around 3.62% of MTI's total shares upon all its holdings are converted into
common shares.
Related Shares:
Hon Hai Precsn