Announcement About Application To FSC To Extend
Period To Raise 2nd Unsecured Convertible Corporate
Bond For 3 Months
Date of events
2021/11/01
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2021/11/01
2.Company name:Mobiletron Electronics Co., Ltd.
3.Relationship to the Company (please enter ��head office�� or
��subsidiaries��):head office (the Company)
4.Reciprocal shareholding ratios:not available
5.Cause of occurrence:(1)The Company to issue domestic 2nd unsecured
convertible corporate bond for no more than 10 million shares,
approved by FSC and effective from August 11, 2021 via Letter Issue No.
Financial-Supervisory-Securities-Corporate-1100351457.
(2)On consideration of bigger fluctuation for domestic stock market and
better issuance timing, and following the board resolution on May 11,
2021 regarding authorizing chairman to do revision when conducting the
issuance of domestic 2nd unsecured convertible corporate bond.
responding to the change of financial market status, operation evaluation,
or objective environment.
6.Countermeasures:To make application to FSC to extend raising period for
3 months to find the most optimized issuance timing to protect the whole
interests of the Company and shareholder equity.
7.Any other matters that need to be specified:No
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Mobiletron Electronics Co. Ltd. published this content on 01 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2021 07:06:01 UTC.
MOBILETRON ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacturing and sales of automobile electronic components and electric tools. The Companyâs primary products include electronic control components, automobile security systems and industrial and automobile tools. These products are mainly used in the manufacturing of automobile engines, automobile and engine igniters, automobile rectifiers and regulators, thick film mixed integrated circuits (ICs), automobile engine sensors and around view monitors (AVMs). The Company mainly operates through two business segments: electronics manufacturing segment and electric tools manufacturing and trading segment. The Company mainly exports its products to the Americas, Europe and Asia.