| Statement |
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):
(1)Equity of Corpus Christi Polymers LLC
(2)Common shares of APG Polytech USA Holdings, Inc.
2.Date of occurrence of the event:2018/10/26
3.Volume, unit price, and total monetary amount of the transaction:
Transaction volume: N/A
Price per unit: N/A
Total transaction amount: To exchange investment (33.33%) in Corpus Christi Polymers LLC for new shares (565 shares)
issued by its wholly owned subsidiary, APG Polytech USA Holdings, Inc. (The investment amount was US$ 56,466,667 till now.)
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):
Trading counterpart : APG Polytech USA Holdings, Inc.
Relationship with the company : the same parent company
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 acquisition:
To adjust investment structure / NIL
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: N/A
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): N/A
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):
There was no disposal gain under transactions with related parties
9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract,
and other important stipulations:
To exchange investment (33.33%) in Corpus Christi Polymers LLC for new shares (565 shares) issued by
its wholly owned subsidiary, APG Polytech USA Holdings, Inc. (The investment amount was US$ 56,466,667 till now.)
NIL
NIL
10.The manner in which the current transaction was decided, the reference basis for the decision on price,
and the decision-making department: Equity exchange / Per CPA’s fairness opinion / The BOD
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):
(1)N/A (2)865 shares / (1)NT$ 0 (2)NT$ 2,617,338,000 / (1)0% (2)100% / NIL
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:
3.75% / 5.52% / NT$ 8,061,699,000
13.Broker and broker's fee:NIL
14.Concrete purpose or use of the acquisition or disposal: To adjust investment structure
15.Net worth per share of the underlying securities acquired or disposed of:
(1)N/A (2)US$ 87,833.18(NT$ 2,718,437)
16.Do the directors have any objection to the present transaction?:No
17.Has the CPA issued an opinion on the unreasonableness of the price of the current transaction?:No
18.Any other matters that need to be specified:None
|
