ASE Technology Holding Co., Ltd. (ASE H.K.) announced that its affiliate, Siliconware Precision Industries Co., Ltd. (SPIL), will acquire operating equipment from its subsidiary, SPIL Suzhou Co., Ltd. (SPIL Suzhou).
According to the announcement, SPIL will acquire 6 batches of operating equipment from SPIL Suzhou. The average unit price per batch is NT$59,777,194, and the total transaction amount is NT$358,663,161. This transaction is aimed at procuring equipment necessary for SPIL's business operations, and SPIL Suzhou is a direct subsidiary of SPIL.
The transaction was decided through a comparative bidding/negotiation process, with past transaction data and market conditions serving as references for price determination. Payment terms are via telegraphic transfer (wire transfer), and there are no contractual restrictions or other significant agreements. This transaction is classified as a related-party transaction, but according to Article 15, Paragraph 3 of the "Rules Governing the Acquisition and Disposal of Assets by Publicly Issued Companies," subsequent ratification by the most recent board of directors is permitted.
This transaction is undertaken due to the operational needs of SPIL and aims to enhance the business continuity and efficiency of the entire ASE Technology Holding group.
FACT BOX
- Source: PR Times
- Category: News
- Organizations: ASE Technology Holding Co., Ltd. / Siliconware Precision Industries Co., Ltd. (SPIL) / SPIL Suzhou Co., Ltd.
- Products / services: Operating Equipment