Cash Capital Increase for GDR Programme: Depositary Agreement Signed and Terms Fixed
Original: 公告本公司現金增資發行普通股參與發行海外存託憑證 完成存託契約簽署及發行條件
Summary
Quanta Computer has completed the signing of the depositary agreement and finalised the issuance terms for a Global Depositary Receipt (GDR) offering backed by a cash capital increase through newly issued common shares. The milestone signals that the cross-border equity fundraising transaction is on track toward settlement, enabling the company to tap international capital markets. Full body available on MOPS.
Full Translation
The Company announces that, in connection with its cash capital increase through the issuance of new common shares for participation in an overseas depositary receipt (GDR) offering, it has completed the signing of the depositary agreement and has determined the issuance terms and conditions. In a typical GDR structure of this kind, newly issued ordinary shares are deposited with a depositary bank, which issues receipts tradeable on an overseas exchange (commonly Luxembourg or London), allowing the company to raise equity capital from international institutional investors. Completion of the depositary agreement and the fixing of pricing terms constitute a critical procedural milestone, indicating the offering has moved from structuring into execution and is approaching settlement. [Body not available — subject line only. See MOPS for full announcement.]