Release Date: 1150709 Statement Date: 1150708 Statement Time: 173227 Company Code: 6414 Company Name: Koh Young Technology Inc. Subject: Announcement on behalf of subsidiary Supermicro Corp. regarding the expiration of the tender offer for common shares of Polymatech Co., Ltd. Compliance Clause: Item 38 Event Date: 1150708

Details: 1. Expiration date of the tender offer period: 115/07/08 2. Name of the acquiring company: Supermicro Corp. (hereinafter referred to as the 'acquirer') 3. Location of the acquirer: 12F, No. 111, Zhongcheng Road, Tucheng District, New Taipei City, Taiwan 4. Name of the publicly traded company whose securities are being acquired: Polymatech Co., Ltd. 5. Type of securities being acquired: Common shares of Polymatech Co., Ltd. 6. Tender offer period: From June 4, 115 to July 8, 115 7. Achievement of acquisition condition based on reaching minimum tender volume: Achieved. The minimum acquisition volume set by the acquirer was 3,000,000 common shares of Polymatech. The cumulative number of tendered shares exceeded this threshold on July 7, 115. Additionally, the acquirer obtained approval from the Investment Commission, Ministry of Economic Affairs on July 3, 115. Therefore, the acquisition condition has been fulfilled. On July 8, 115, the acquirer announced this on the Public Information Observation Station pursuant to Article 19, Paragraph 2, Item 2 of the 'Regulations Governing the Tender Offer for Publicly Issued Securities'. 8. Number of tendered securities and actual number of shares acquired: (i) Number of tendered securities: 4,190,617 shares (ii) Actual number of shares acquired: 4,190,617 shares 9. Timing, method, and location of payment for the acquisition consideration: (i) Timing: The appointed agent, Mega Securities, will disburse the acquisition payment on July 15, 115. In the event of force majeure such as natural disasters or banking system failures, Mega Securities may proceed after the force majeure has ceased. (ii) Method: (1) Payment method: The acquirer deposited the full amount of NT$240,000,000 required for the cash consideration into the tender offer dedicated bank account at Mega Securities on June 3, 115. Mega Securities will disburse the consideration on July 15, 115, primarily via bank transfer to the bank accounts of tendering shareholders provided by the Taiwan Depository & Clearing Corporation. If the bank account information is incorrect or transfer fails for other reasons, a certified check (crossed and non-negotiable) will be sent by registered mail to the address provided by the Taiwan Depository & Clearing Corporation or the tendering shareholder on the next business day. (2) Calculation of consideration: The transfer or check amount will be calculated by deducting legally required securities transaction taxes, transfer/postage fees, depository/brokerage fees, and other related charges from the acquisition price of the tendered shares, rounded down to the nearest New Taiwan Dollar. (iii) Location: The cash consideration will be transferred to the bank accounts registered in the shareholders’ centralized custody and transfer accounts at their brokerage firms, or mailed to the addresses provided by the Taiwan Depository & Clearing Corporation. 10. Settlement timing, method, and location for acquired securities: (i) Timing: Settlement will be conducted by Mega Securities on July 15, 115. (ii) Method: Transfer from Mega Securities’ 'Tender Offer Dedicated Account' (Account No.: 70001601168) to the acquirer’s centralized securities custody account. (iii) Location: Mega Securities Co., Ltd. Address: No. 95, Sec. 2, Zhongxiao East Road, Taipei City 11. Return timing, method, and location for deposited but unacquired securities: Not applicable. The acquirer’s intended acquisition volume was 5,000,000 common shares of Polymatech. As of July 8, 115, the total number of tendered shares was 4,190,617, which did not exceed the intended volume. Therefore, all tendered shares were fully acquired, and no shares remain unacquired. 12. Other matters to be disclosed: None

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  • Source: PR Times
  • Category: Partnership