【Accton Technology】Announces Board of Directors' Resolution to Increase Capital for Subsidiary Vietnam Accton Technology Company Limited
Accton Technology's board of directors resolved to increase capital for its subsidiary, Vietnam Accton Technology Company Limited, by US$80 million. This long-term investment aims to support the subsidiary's business expansion and strengthen its competitiveness.
📋 Article Processing Timeline
- 📰 Published: May 7, 2026 at 09:00
- 🔍 Collected: May 8, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 8, 2026 at 08:19 (19 min after Collected)
1. Name and nature of the target (for preferred shares, issuance terms such as dividend rate should also be specified): Vietnam Accton Technology Company Limited
2. Date of occurrence of the event: 2026/5/7
3. Date of approval by the Board of Directors: May 7, 2026
4. Other approval dates: Not applicable
5. Quantity of transaction, price per unit, and total transaction amount: Proposed cash capital increase of US$80 million.
6. Counterparty of the transaction and its relationship with the company (if the counterparty is a natural person and not a related party of the company, their name may be omitted): Vietnam Accton Technology Company Limited; A subsidiary of the company.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner of the transferred asset, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and transfer amount should also be disclosed: Not applicable.
8. If the owner of the transaction object in the past five years was a related party of the company, the acquisition and disposal dates, prices, and relationship with the company at the time of the transaction should also be disclosed: Not applicable.
9. Matters related to the disposal of receivables (including the type of collateral attached to the receivables, and if the disposed receivables belong to related party receivables, the name of the related party and the book value of the related party's receivables in this disposal should also be disclosed): Not applicable.
10. Disposal profit (or loss) (not applicable to acquisition of securities) (for deferred items, a table explaining recognition should be provided): Not applicable.
11. Terms of delivery or payment (including payment period and amount), contractual restrictions, and other important agreements: Not applicable.
12. Method of decision-making for this transaction, reference basis for price determination, and decision-making unit: Based on the resolution of the Board of Directors on May 7, 2026.
13. Net value per share of the target company for the acquisition or disposal of securities: Not applicable.
14. As of now, the cumulative quantity, amount, shareholding ratio, and restricted rights (e.g., pledges) of the securities involved in this transaction (including this transaction): Cumulative holding amount: NT$3.217 billion.
15. As of now, the ratio of investment in securities listed in Article 3 of the 'Regulations Governing the Acquisition and Disposal of Assets by Public Companies' (including this transaction) to the company's total assets and owners' equity in the most recent financial report, and the amount of working capital in the most recent financial report (Note 2):
- Ratio to total assets: 11.94 %
- Ratio to owners' equity: 28.38 %
- Working capital amount: NT$37,876,521 thousand.
16. Broker and brokerage fees: Not applicable.
17. Specific purpose or use of acquisition or disposal: Long-term investment.
18. Opinions of directors expressing dissent on this transaction: None.
19. Is this transaction a related party transaction: Yes.
20. Date of approval by supervisor or audit committee: May 7, 2026.
21. Whether the accountant issued an unreasonable opinion on this transaction: Not applicable.
22. Name of accounting firm: Not applicable.
23. Name of accountant: Not applicable.
24. Accountant's professional license number: Not applicable.
25. Does it involve a change in operating model: No.
26. Explanation of changes in operating model: Not applicable.
27. Transaction status with the counterparty in the past year and expected next year: Not applicable.
28. Source of funds: Own funds.
29. Date of previous significant announcement regarding the same event: Not applicable.
30. Other matters that should be specified: None.
2. Date of occurrence of the event: 2026/5/7
3. Date of approval by the Board of Directors: May 7, 2026
4. Other approval dates: Not applicable
5. Quantity of transaction, price per unit, and total transaction amount: Proposed cash capital increase of US$80 million.
6. Counterparty of the transaction and its relationship with the company (if the counterparty is a natural person and not a related party of the company, their name may be omitted): Vietnam Accton Technology Company Limited; A subsidiary of the company.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner of the transferred asset, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and transfer amount should also be disclosed: Not applicable.
8. If the owner of the transaction object in the past five years was a related party of the company, the acquisition and disposal dates, prices, and relationship with the company at the time of the transaction should also be disclosed: Not applicable.
9. Matters related to the disposal of receivables (including the type of collateral attached to the receivables, and if the disposed receivables belong to related party receivables, the name of the related party and the book value of the related party's receivables in this disposal should also be disclosed): Not applicable.
10. Disposal profit (or loss) (not applicable to acquisition of securities) (for deferred items, a table explaining recognition should be provided): Not applicable.
11. Terms of delivery or payment (including payment period and amount), contractual restrictions, and other important agreements: Not applicable.
12. Method of decision-making for this transaction, reference basis for price determination, and decision-making unit: Based on the resolution of the Board of Directors on May 7, 2026.
13. Net value per share of the target company for the acquisition or disposal of securities: Not applicable.
14. As of now, the cumulative quantity, amount, shareholding ratio, and restricted rights (e.g., pledges) of the securities involved in this transaction (including this transaction): Cumulative holding amount: NT$3.217 billion.
15. As of now, the ratio of investment in securities listed in Article 3 of the 'Regulations Governing the Acquisition and Disposal of Assets by Public Companies' (including this transaction) to the company's total assets and owners' equity in the most recent financial report, and the amount of working capital in the most recent financial report (Note 2):
- Ratio to total assets: 11.94 %
- Ratio to owners' equity: 28.38 %
- Working capital amount: NT$37,876,521 thousand.
16. Broker and brokerage fees: Not applicable.
17. Specific purpose or use of acquisition or disposal: Long-term investment.
18. Opinions of directors expressing dissent on this transaction: None.
19. Is this transaction a related party transaction: Yes.
20. Date of approval by supervisor or audit committee: May 7, 2026.
21. Whether the accountant issued an unreasonable opinion on this transaction: Not applicable.
22. Name of accounting firm: Not applicable.
23. Name of accountant: Not applicable.
24. Accountant's professional license number: Not applicable.
25. Does it involve a change in operating model: No.
26. Explanation of changes in operating model: Not applicable.
27. Transaction status with the counterparty in the past year and expected next year: Not applicable.
28. Source of funds: Own funds.
29. Date of previous significant announcement regarding the same event: Not applicable.
30. Other matters that should be specified: None.