GET (3519TT) today (Apr. 21, 2015) held the Company's 2015 extraordinary general meeting (EGM), in which the proposed resolution was approved, as below:
1) GET proposed to raise funds by issuance of no more than 150 million new common shares through up to two private placements.
2) Use of proceeds: to strengthen financial structure for working capital, long-term operation and possible partnership.
3) The funds will be raised within one year of EGM approval date (April. 21,
2015~April 20, 2016).
4) The private placement price shall be no less than 80% of the reference price of pricing date.
5) Potential subscribers:
As a Tatung Group company, GET's private placement could be subscribed by Tatung Group subsidiaries, showing the Group's confidence and support to GET.
I. San-Chih Semiconductor Co., Ltd. II. Chih-Sheng Investment Co., Ltd.
For more information, please connect to the Announcement of TWSE website with GET ticker 3519: http://emops.twse.com.tw/emops_all.htm
Thank you for your attention.
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