Tender offer of the issued and outstanding common shares of Genuine C&C Inc.
2015-04-15
1.Name of the securities: Genuine C&C Inc. (”Genuine”) common shares
2.Trading date:2015/03/03~2015/04/08
3.Trading volume, unit price, and total monetary amount of the transaction:
Trading volume: 35,175,221 shares
Unit price:NT$14.5 per share
Total monetary amount of the transaction: NT$510,041K
4.Gain (or loss) (not applicable in case of acquisition of securities):N/A
5.Relationship with the underlying company of the trade:
The transaction is conducted via a cash tender offer and the consideration
is equal to all the shareholders. If related parties of the Company
tendering the shares, the Company cannot reject or exclude by law, and
therefore the counter party may be related party.
6.Current cumulative volume, amount, and shareholding percentage of
holdings of the security being traded (including the current trade)
and status of any restriction of rights (e.g.pledges):
Cumulative volume: 48,139,319 shares
Cumulative amount: NT$ 683,382K
Shareholding ratio: 60.50%
Status of any restrictions of rights: None
7.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 operational capital
as shown in the most recent financial statement:
To the total assets: 0.43%;
To the shareholder’s equity: 1.52%;
Operating capital: NT$46,009,219K
8.Concrete purpose/objective of the acquisition or disposal:
By utilizing Genuine B2B e-commerce platform and ICT distribution channels in
China; meanwhile, delivering WPG experience in industrial to improve both
competitiveness.
9.Do the directors have any objections to the present transaction?:None
10.Any other matters that need to be specified:None