Compal (2324) Applies to FSC to Cancel Issuance of 5th Overseas Unsecured Convertible Bond
Compal Electronics (2324) resolved to apply to the FSC for the cancellation of its 5th overseas unsecured convertible bond issuance due to drastic changes in market conditions, stating there is no significant impact on its financial operations.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 06:31
- 🔍 Collected: May 20, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 20, 2026 at 06:40 (9 min after Collected)
Report Date: May 20, 115 (ROC)
Statement Date: May 19, 115 (ROC)
Statement Time: 18:06:16
Company Code: 2324
Company Name: Compal
Subject: Announcement regarding the company's application to the Financial Supervisory Commission (FSC) to cancel the issuance of the 5th overseas unsecured convertible bond.
Clause Compliance: Article 11
Fact Occurrence Date: May 19, 115 (ROC)
Description:
1. Fact Occurrence Date: 115/05/19
2. Original Announcement Date: 114/11/12
3. Brief Description of Original Announcement:
Announcement of the board of directors' resolution to issue the 5th overseas unsecured convertible bond.
4. Reasons for Change and Main Content:
(1) The company's application to issue the 5th overseas unsecured convertible bond was approved by the Financial Supervisory Commission (FSC) on January 12, 115, under letter Jin-Guan-Zheng-Fa-Zi No. 1140368832, and the FSC letter dated March 30, 115, under Jin-Guan-Zheng-Fa-Zi No. 1150338491, granted an extension of the subscription period by three months.
(2) Due to drastic changes in the market environment, considering the company's overall interest and the rights of shareholders, the company intends to apply to the FSC to cancel the issuance of the 5th overseas unsecured convertible bond.
5. Impact on Financial Operations after Change: No significant impact.
6. Other Matters: None.
Statement Date: May 19, 115 (ROC)
Statement Time: 18:06:16
Company Code: 2324
Company Name: Compal
Subject: Announcement regarding the company's application to the Financial Supervisory Commission (FSC) to cancel the issuance of the 5th overseas unsecured convertible bond.
Clause Compliance: Article 11
Fact Occurrence Date: May 19, 115 (ROC)
Description:
1. Fact Occurrence Date: 115/05/19
2. Original Announcement Date: 114/11/12
3. Brief Description of Original Announcement:
Announcement of the board of directors' resolution to issue the 5th overseas unsecured convertible bond.
4. Reasons for Change and Main Content:
(1) The company's application to issue the 5th overseas unsecured convertible bond was approved by the Financial Supervisory Commission (FSC) on January 12, 115, under letter Jin-Guan-Zheng-Fa-Zi No. 1140368832, and the FSC letter dated March 30, 115, under Jin-Guan-Zheng-Fa-Zi No. 1150338491, granted an extension of the subscription period by three months.
(2) Due to drastic changes in the market environment, considering the company's overall interest and the rights of shareholders, the company intends to apply to the FSC to cancel the issuance of the 5th overseas unsecured convertible bond.
5. Impact on Financial Operations after Change: No significant impact.
6. Other Matters: None.
FAQ
Why did Compal stop issuing overseas bonds?
Due to recent intense market fluctuations, Compal decided to cancel the issuance for the sake of company interest and shareholder rights.
Does this impact Compal's business operations?
Compal announced that the cancellation of this bond issuance has no significant impact on its financial and business performance.
When was this announced?
The announcement was made on May 19, 115 (Republic of China calendar).