Merry Corporation's Participation in the Private Placement of Common Shares of SYNergy ScienTech Corp.
10/28/2021 | 10:03am EST
Provided by: MERRY ELECTRONICS CO.,LTD.
Date of announcement
Time of announcement
Merry Corporation's Participation in the Private
Placement of Common Shares of SYNergy ScienTech Corp.
Date of events
To which item it meets
1.Name and nature of the underlying security (if preferred shares, the terms
and conditions of issuance shall also be indicated, e.g., dividend yield):
Private placement of common shares of SYNergy ScienTech Corp.
2.Date of occurrence of the event:2021/10/28
3.No., unit price, and monetary amount of the transaction:
(1)No. of the transaction:7,300,000 shares.
(2)Unit price of the transaction:NT$25.8.
(3)Monetary amount of the transaction:NT$188,340 thousand.
4.Counterparty to the trade and its relationship to the company (if the
trading counterparty is a natural person and not a related party of the
company, its name is not required to be disclosed):N/A.
5.Where the counterparty to the trade is a related party, an announcement
shall also be made of the reason for choosing the related party as trading
counterparty and the identity of the previous owner, including its
relationship with the company and the trading counterparty, the price of the
ownership transfer, and date of transfer:N/A.
6.Where the owner of the underlying securities within the past five years
has been a related party of the company, an announcement shall also include
the dates and prices of acquisition and disposal by the related party and
its relationship with the company at the time:N/A.
7.Matters related to the creditor��s rights currently being disposed of
(including type of collateral of the disposed creditor��s rights; if the
creditor��s rights are creditor��s rights over a related party, the name of
the related party and the book amount of such creditor��s rights currently
being disposed of must also be announced):N/A.
8.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):N/A.
9.Terms of delivery or payment (including payment period and monetary
amount), restrictive covenants in the contract, and other important
(1)Terms of delivery or payment:Merry Corporation pays the consideration
of the subscribed shares to the appointed bank account of SYNergy
ScienTech Corp. in exchange of common shares of SYNergy ScienTech which
should be transferred by SYNergy ScienTech to Merry Corporation's
securities custody account after SYNergy ScienTech confirms arrival of
Merry Corporation's payment.
(2)Restrictive covenants in the contract, and other important
10.The manner in which the current transaction was decided, the reference
basis for the decision on price, and the decision-making unit:
(1)The arrangement of the transaction was proposed by the general
management office of Merry Corporation according to the internal
control implementation rules.
(2)The arrangement of the transaction was approved by the audit committee
and board of directors of Merry Corporation.
11.Net worth per share of company of the underlying securities acquired or
12.The discrepancy between the reference price of private placement company
and the transaction amount per share is 20 percent or more:N/A.
13.Current cumulative no., amount, and shareholding ratio of the securities
being traded (including the current transaction) as of the date of
occurrence and status of any restriction of rights (e.g.,pledges):
(1)Current cumulative no.of the securities being traded (including the
current transaction):less than 7,300,000 shares.
(2)Current cumulative amount:NT$188,340 thousand.
(3)Shareholding ratio:It accounts for 100% of the current private
placement of common shares.
14.Privately placed securities (including the current transaction) as a
percentage of total assets of the company and shareholder��s equity of the
parent company on the latest financial statements, and the operating capital
on the latest financial statements as of the date of occurrence:
(1)As a percentage of total assets:0.69%
(2)As a percentage of shareholder��s equity of the parent company:1.72%
(3)Operating capital:NT$-562,864 thousand.
15.Broker and broker's fee:None.
16.Concrete purpose or use of the acquisition or disposition:To establish a
good and long-term partnership with vendors of the button cell battery and
minicells with high quality, and to explore new customers together to
enhance the added value.
17.Whether the directors expressed any objection to the present transaction:
18.Whether the trading counterparty is a related party:N/A.
19.Date of approval by board of directors:2021/10/28.
20.Recognition date by supervisors or approval date by audit committee:
21.Whether the CPA issued an opinion on the unreasonableness of the current
22.Name of the CPA firm:N/A.
23.Name of the CPA:N/A.
24.License no.of the CPA:N/A.
25.Any other matters that need to be specified:None.
Merry Electronics Co. Ltd. published this content on 28 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2021 14:02:24 UTC.