1.Date of occurrence of the event:2022/03/28
2.Company name:Asia Pacific Telecom Co.,Ltd.
(hereinafter referred to as APT )
3.Relationship with the Company (please enter "the company itself" or
"subsidiaries"):The company itself
4.Reciprocal shareholding percentage:Not Applicable
5.Name of the reporting media:Reported by Liberty Times, Commercial Times
and Economic Daily
6.Content of the report:
Report title "Sell to Far Easant at a Discount, Asia Pacific
Telecom Minority Shareholders Group Self-Rescue Association
to sue Asia Pacific Board of Directors", "Asia Pacific Telecom
Minority Shareholders Group Self-Rescue Association
Proposed file a complaint to Board Member" and "Quality Suspected
that APT was sold at a low price, the Minority Shareholders'
Self-Saving Association plans to file a lawsuit against the
board members-minority shareholders criticized the board members
of APT for not really checking... The merger approved by the
board of directors with only one independent director disregards
the spirit of corporate governance".
7.Cause of occurrence:media reports
8.Countermeasures:
1.The exchange ratio of the merger base on both parties use the
financial report of the third quarter of 2021 reviewed by the
accountants and fourth quarter of 2021 theself-closing financial
report provided by each party, taking into the company's operating
conditions,stock market price,recent similar transactions in the same
industry, other factors that may affect, and the reasonable opinion
by an independent expert.APT respects the demands put forward
by shareholders.
2.Clarify that only one independent director approved the merger:
the company's Material Information "Announcement the company's one
Independent director and one institutional director to
resignrporate director of the company" announced on February 23, 2022.
The effective date of resignation of independent director
His-Nien,Yang is on April,15,2022,so there is no reported incident.
9.Any other matters that need to be specified:None
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Disclaimer
Asia Pacific Telecom Co. Ltd. published this content on 28 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 March 2022 08:50:05 UTC.
Asia Pacific Telecom Co Ltd is a Taiwan-based company principally engaged in the provision of integrated telecommunications services. The Company operates urban network, remote distance network, international network and the fourth generation (4G) mobile broadband businesses. The Company is engaged in the provision of fixed network services, mobile communication services, smart life and Internet of Things (IoT) services. The fixed network services include local voice communication services, remote distance telephone services, international voice telephone services, fax, ethernet virtual private network (VPN) services, broadband Internet services and smart VPN services. The mobile communication services include domestic calls, international calls, message services, mobile virtual private network (MVPN) services and other value-added services. The smart life and IoT services include online identity recognition services, interactive robots, face recognition services and IoT services.
ASIA PACIFIC TELECOM CO., LTD. 
