2324 Compal: Announcement Regarding the Withdrawal of the 5th Overseas Unsecured Convertible Bond Offering
Compal Electronics has announced the withdrawal of its 5th Overseas Unsecured Convertible Bond offering due to volatile market conditions, prioritizing shareholder interests. The withdrawal has been approved by the Financial Supervisory Commission, with no material impact on the company's financials or operations.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 06:31
- 🔍 Collected: May 22, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 22, 2026 at 07:51 (1h 19m after Collected)
Release Date: May 22, 2026
Announcement Date: May 21, 2026
Announcement Time: 17:24:40
Company Code: 2324
Company Name: Compal
Subject: Announcement regarding the application to withdraw the 5th Overseas Unsecured Convertible Bond offering, approved by the Financial Supervisory Commission
Clause: Clause 11
Date of Event: May 21, 2026
Explanation:
1. Date of Event: May 21, 2026
2. Original Announcement Date: November 12, 2025
3. Brief Description of the Original Announcement:
Announcement of the Board of Directors' resolution to issue the 5th Overseas Unsecured Convertible Bonds.
4. Reasons for Change and Main Content:
(1) The company's filing for the 5th Overseas Unsecured Convertible Bonds was approved by the Financial Supervisory Commission (hereinafter referred to as the FSC) on January 12, 2026 (Ref. Jin-Guan-Zheng-Fa-Zi No. 1140368832). Additionally, the FSC granted an extension of the subscription period for three months on March 30, 2026 (Ref. Jin-Guan-Zheng-Fa-Zi No. 1150338491).
(2) Due to drastic changes in the market environment, in consideration of the company's overall interest and shareholder equity, the company applied to the FSC to withdraw the 5th Overseas Unsecured Convertible Bond offering, which was officially approved by the FSC on May 20, 2026 (Ref. Jin-Guan-Zheng-Fa-Zi No. 1150343368).
5. Impact on Financials and Operations after change: No material impact.
6. Other important information: None.
Announcement Date: May 21, 2026
Announcement Time: 17:24:40
Company Code: 2324
Company Name: Compal
Subject: Announcement regarding the application to withdraw the 5th Overseas Unsecured Convertible Bond offering, approved by the Financial Supervisory Commission
Clause: Clause 11
Date of Event: May 21, 2026
Explanation:
1. Date of Event: May 21, 2026
2. Original Announcement Date: November 12, 2025
3. Brief Description of the Original Announcement:
Announcement of the Board of Directors' resolution to issue the 5th Overseas Unsecured Convertible Bonds.
4. Reasons for Change and Main Content:
(1) The company's filing for the 5th Overseas Unsecured Convertible Bonds was approved by the Financial Supervisory Commission (hereinafter referred to as the FSC) on January 12, 2026 (Ref. Jin-Guan-Zheng-Fa-Zi No. 1140368832). Additionally, the FSC granted an extension of the subscription period for three months on March 30, 2026 (Ref. Jin-Guan-Zheng-Fa-Zi No. 1150338491).
(2) Due to drastic changes in the market environment, in consideration of the company's overall interest and shareholder equity, the company applied to the FSC to withdraw the 5th Overseas Unsecured Convertible Bond offering, which was officially approved by the FSC on May 20, 2026 (Ref. Jin-Guan-Zheng-Fa-Zi No. 1150343368).
5. Impact on Financials and Operations after change: No material impact.
6. Other important information: None.
FAQ
Why did Compal withdraw its overseas bond issuance?
It was withdrawn due to volatile market conditions to protect the interests of the company and its shareholders.
Is the withdrawal official?
Yes, it was officially approved by the financial regulator after being resolved by the board.
Are there any impacts?
The company stated there is no material impact on its financial or business operations.