Ennoconn: Subsidiary UNO Announces Public Tender Offer for Common Shares of Boray Technology
UNO Inc., a subsidiary of Ennoconn, announced a public tender offer for common shares of Boray Technology Inc. The offer is for up to 5,000,000 shares at NTD 48 per share, with a minimum acceptance of 3,000,000 shares. The tender period runs from June 4 to July 8, 2026.
📋 Article Processing Timeline
- 📰 Published: June 3, 2026 at 09:00
- 🔍 Collected: June 4, 2026 at 12:00 (27h 0m after Published)
- 🤖 AI Analyzed: June 11, 2026 at 12:06 (168h 6m after Collected)
1. Filing date of public tender offer: 2026/06/03
2. Offeror: UNO Inc.
3. Address: 12F, No. 111, Zhongcheng Road, Tucheng District, New Taipei City
4. Business registration number: 27998246
5. Target company: Boray Technology Inc.
6. Type of securities: Common shares
7. Maximum number of shares to be acquired: 5,000,000
8. Offer price: NTD 48 per share
9. Tender offer period: From June 4, 2026 to July 8, 2026 (business days 9:00 AM to 3:30 PM Taiwan time)
10. Purpose: Primarily financial investment to recognize investment income, increase long-term investment returns, and deepen cooperative relationship to enhance competitiveness and shareholder value.
11. Conditions:
(1) Maximum 5,000,000 shares (22.19% of total outstanding shares 22,533,540). Minimum acceptance 3,000,000 shares (13.31%). If over-subscribed, pro-rata allocation then random order.
(2) Consideration: NTD 48 cash per share. Tenderers bear securities transaction tax, income tax, custody and broker fees, etc. Tenders of less than 2 shares not accepted.
(3) Payment date: Within 5 business days after expiry if conditions met.
(4) Regulatory approvals: Filed with FSC and applied for approval from Investment Commission, MOEA (pending). If not obtained, tender may fail or be delayed.
(5) Irrevocable after conditions met.
(6) See offer document for details.
12. Dealer: Mega Securities Co., Ltd. (Address: 95, Sec. 2, Zhongxiao East Road, Taipei)
13. Handling if number of shares tendered reaches or exceeds maximum: Pro-rata then random.
14. Handling if insufficient tenders: Return shares.
15. Investment Commission: Applicable for overseas Chinese/foreign investors; application submitted, pending approval.
16. Fair Trade Commission: Not applicable.
17. Legal opinion required.
2. Offeror: UNO Inc.
3. Address: 12F, No. 111, Zhongcheng Road, Tucheng District, New Taipei City
4. Business registration number: 27998246
5. Target company: Boray Technology Inc.
6. Type of securities: Common shares
7. Maximum number of shares to be acquired: 5,000,000
8. Offer price: NTD 48 per share
9. Tender offer period: From June 4, 2026 to July 8, 2026 (business days 9:00 AM to 3:30 PM Taiwan time)
10. Purpose: Primarily financial investment to recognize investment income, increase long-term investment returns, and deepen cooperative relationship to enhance competitiveness and shareholder value.
11. Conditions:
(1) Maximum 5,000,000 shares (22.19% of total outstanding shares 22,533,540). Minimum acceptance 3,000,000 shares (13.31%). If over-subscribed, pro-rata allocation then random order.
(2) Consideration: NTD 48 cash per share. Tenderers bear securities transaction tax, income tax, custody and broker fees, etc. Tenders of less than 2 shares not accepted.
(3) Payment date: Within 5 business days after expiry if conditions met.
(4) Regulatory approvals: Filed with FSC and applied for approval from Investment Commission, MOEA (pending). If not obtained, tender may fail or be delayed.
(5) Irrevocable after conditions met.
(6) See offer document for details.
12. Dealer: Mega Securities Co., Ltd. (Address: 95, Sec. 2, Zhongxiao East Road, Taipei)
13. Handling if number of shares tendered reaches or exceeds maximum: Pro-rata then random.
14. Handling if insufficient tenders: Return shares.
15. Investment Commission: Applicable for overseas Chinese/foreign investors; application submitted, pending approval.
16. Fair Trade Commission: Not applicable.
17. Legal opinion required.
FAQ
What is the tender offer price?
NTD 48 per share.
What is the tender period?
June 4 to July 8, 2026.
What is the minimum acceptance?
3,000,000 shares.