Business Context and Reporting Period
Company: Advanced Semiconductor Engineering, Inc. (ASE Technology Holding Co., Ltd.)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: March 28, 2017
Subject: Announcement regarding the transfer of the certificate of payment for new shares issued for a 2016 cash capital increase and the subsequent listing date.
Key Financial Metrics
The filing does not provide operational financial metrics such as revenue, profit, cash flow, margins, or debt levels. It focuses exclusively on capital structure changes.
- Capital Increase Amount: NT$3,000,000,000 (approx. $100 million USD based on historical rates, though exact USD conversion is not provided in text).
- New Shares Issued: 300,000,000 shares.
- Par Value: NT$10 per share.
- Original Listed Shares: 7,944,875,346 shares.
- Accumulated Listed Shares (Post-Increase): 8,244,875,346 shares.
- Total Share Capital: NT$82,448,753,460.
Material Changes
The primary material change is the expansion of the company's share capital following a board resolution on December 8, 2016, and regulatory approval on January 4, 2017.
- Share Count Increase: The total number of listed shares increased by approximately 3.78% (from ~7.94 billion to ~8.24 billion).
- Listing Date: The certificate of payment for the new shares is scheduled to be transferred to subscribers' DTCC accounts and listed for trading on March 31, 2017.
- Form of Issuance: Shares are issued in non-physical form; physical certificates are not requested.
Guidance, Outlook, and Risks
The filing contains a Safe Harbor Notice regarding forward-looking statements but does not provide specific financial guidance or management commentary on future earnings.
Identified Risks and Contingencies:
- Acquisition Uncertainty: Risks associated with the ability to complete the acquisition of 100% of Siliconware Precision Industries Co., Ltd. shares not otherwise owned by ASE.
- Market Conditions: Cyclicality and market conditions in the semiconductor and electronic industries.
- Geopolitical Factors: Strained relationship between the Republic of China (Taiwan) and the People's Republic of China.
- Operational Risks: Regulatory changes, environmental liabilities, competition, technology introduction, and foreign currency exchange rate fluctuations.
Investor Verification Checklist
- Verify the final listing date of the new shares (announced as March 31, 2017) on the relevant exchange.
- Confirm the completion status of the acquisition of Siliconware Precision Industries Co., Ltd.
- Review the company's most recent Form 20-F for detailed financial statements, as this 6-K does not contain operational results.
- Monitor updates regarding the conversion of the certificate of payment into actual shares, expected within 30 days of capital registration approval.