Announces Cash Capital Increase Record Date for Key Subsidiary VSMC
Original: 本公司代重要子公司VisionPower Semiconductor Manufacturing Company Pte. Ltd.公告現金增資基準日
Summary
The company announced, on behalf of its important subsidiary VisionPower Semiconductor Manufacturing Company Pte. Ltd. (VSMC), the record date for a cash capital increase. VSMC is the Singapore-based 12-inch wafer fab joint venture with NXP, and additional capital injections are material to funding its ongoing fab build-out. Full body available on MOPS.
Full Translation
This Company announces, on behalf of its important subsidiary VisionPower Semiconductor Manufacturing Company Pte. Ltd. (VSMC), the record date (基準日) for a cash capital increase. VSMC is Vanguard's Singapore wafer foundry joint venture with NXP, and setting the record date is a procedural milestone in executing a previously approved cash capital raise — typically used to determine shareholders entitled to subscribe to the new shares and to fix the timing of the capital call. [Body not available — subject line only. See MOPS for full announcement.]