| No. | 6 | Date | 2024/08/09 | Time | 18:44:20 |
|---|---|---|---|---|---|
| Subject | Announcement that the Company’s Board of Directors resolved to issue domestic unsecured convertible corporate bonds for the second time |
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| Date of events | 2024/08/09 | To which item it meets | paragraph 11 | ||
| Explanation | 1.Date of the board of directors resolution:2024/08/09 2.Name [issue no.__ of (secured, unsecured) corporate bonds of ___________ (company)]:2nd issue of domestic unsecured convertible corporate bonds of Taiwan Hon Chuan Enterprise Co., Ltd. 3.Whether to adopt shelf registration (Yes/No):No 4.Total amount issued:a limit on the amount of NT$ 4 billion 5.Face value per bond:NT$ 100,000 6.Issue price:The base bid is limited to no less than 101% of face value, the actual total issuance amount will be determined based on the results of a competitive auction. 7.Issuance period:5 years 8.Coupon rate:0% 9.Types, names, monetary values and stipulations of collaterals:N/A 10.Use of the funds raised by the offering and utilization plan: Repayment of bank loans and improving the competitiveness of the Company. 11.Underwriting method:Public subscription will be conducted through a competitive auction. 12.Trustees of the corporate bonds:Fully authorized the Chairman to handle all 13.Underwriter or agent:Taishin Securities Co., Ltd. 14.Guarantor(s) for the issuance:N/A 15.Agent for payment of the principal and interest: Dept. of Stock Transfer Agency, KGI Securities Co., Ltd. 16.Certifying institution:N/A. The issuance of convertible corporate bonds adopts non physical issuance. 17.Where convertible into shares, the rules for conversion: Related rules will be formulated in accordance with related laws or regulations, and announced upon receiving approval from the competent authority. 18.Sell-back conditions:Related rules will be formulated in accordance with related laws or regulations, and announced upon receiving approval from the competent authority. 19.Buyback conditions:Related rules will be formulated in accordance with related laws or regulations, and announced upon receiving approval from the competent authority. 20.Reference date for any additional share exchange, stock swap, or subscription:Related rules will be formulated in accordance with related laws or regulations, and announced upon receiving approval from the competent authority. 21.Possible dilution of equity in case of any additional share exchange, stock swap, or subscription:Related rules will be formulated in accordance with related laws or regulations, and announced upon receiving approval from authority. 22.Any other matters that need to be specified: (1)This domestic 2nd unsecured convertible corporate bonds fundraising plan includes the issuance amount, issuance price, issuance period, coupon rate, issuance conditions, the establishment of issuance and conversion methods, the total amount of funding required for the plan, sources of funds, planning items, expected progress, anticipated benefits, project, and other related matters, are proposed to be authorized to the Chairman to negotiate with the underwriter based on the conditions of the financial market and capital market. The issuance will be reported to the Financial Supervisory Commission for approval and issuance upon effectiveness. (2)To ensure the timely determination of issuance conditions and actual issuance operations, the important aspects of the 2nd unsecured convertible corporate bond issuance plan in the domestic market include, without the limitation, issuance schedule, underwriting method, issuance quota, issuance price, issuance conditions, formulation of issuance and conversion methods, total funds required for this plan, funding sources, project details, expected progress of fund utilization, anticipated benefits, and other related matters. In case of changes in laws and regulations, revisions by regulatory authorities, changes in the objective environment, or the need for adjustments due to changes in the internal and external environment, the Chairman is proposed to be authorized to handle them with full discretion. (3)This domestic 2nd unsecured convertible corporate bonds conducted by public sale through competitive auction. A physical certificate is not printed and corporate bonds shall deliver them by book-entry transfer in accordance with Article 8 of the Securities and Exchange Act and Article 10 of Regulations Governing the Offering and Issuance of Securities by Securities Issuers. The convertible corporate bonds obtained an effective registration by the competent authority, an application shall be filed with the Taipei Exchange for OTC trading. (4)After this case is submitted to the competent authority and becomes effective, the chairman is authorized to stipulate issuance and conversion methods in accordance with relevant laws and regulations, and to modify the issuance date, conversion price and related conversions. (5)To align with the relevant issuance matters of this 2nd domestic unsecured convertible corporate bond, it is proposed to authorize the Chairman to sign all contracts and documents necessary for the issuance of the 2nd domestic unsecured convertible corporate bond and to handle related issuance matters on behalf of the company. (6)For any matters of this issuance of convertible corporate bonds not set forth herein, it is shall authorize the Chairman to handle them with full discretion. |
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