C05342-2016

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Sep 14, 2016
2. SEC Identification Number
94419
3. BIR Tax Identification No.
000-409-747-000
4. Exact name of issuer as specified in its charter
INTEGRATED MICRO-ELECTRONICS, INC.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
North Science Avenue, Laguna Technopark-Special Processing Zone, Binan, Laguna Postal Code 4024
8. Issuer's telephone number, including area code
(632) 756-6840
9. Former name or former address, if changed since last report
Not Applicable
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON (net of Treasury Shares) 1,867,293,315
11. Indicate the item numbers reported herein
Please refer to the attachments.

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Integrated Micro-Electronics, Inc.IMI

PSE Disclosure Form 5-1 - Substantial Acquisitions References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 and/or Section 5 of the Revised Disclosure Rules

Subject of the Disclosure

76% acquisition of VIA optronics

Background/Description of the Disclosure

In reference to the announcement disclosed by Integrated Micro-Electronics, Inc (IMI) on August 17, 2016, please be informed that the transaction referred to the disclosure has been closed today. The transaction involves the acquisition of 76 percent stake in VIA optronics GmbH (VIA), a leading optical bonding and display solutions provider. The final acquisition price of EUR47.8 million includes interest from effective date of December 31, 2015 until closing date of September 14, 2016.

Date of Approval by Board of Directors Jun 23, 2016
Date of Approval by Stockholders N/A
Other Relevant Regulatory Agency, if applicable N/A
Date of Approval by Relevant Regulatory Agency N/A
Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

This transaction represents a unique opportunity to accelerate IMI’s growth and broaden VIA’s opportunities by leveraging off of IMI’s global footprint and resources. Together, IMI and VIA will be best positioned to revolutionize the way the world experiences vision and touch on displays. The acquisition will allow IMI to strengthen its partnerships with customers by offering complementary automotive camera and display monitor solutions for advanced driver assistance systems.

Description of the transaction including the timetable for implementation and related regulatory requirements, if any

Integrated Micro-Electronics, Inc. (IMI) acquired a 76 percent stake in VIA, a leading optical bonding and display solutions provider, for EUR47.8 million. Company founder Jürgen Eichner will retain a 24 percent ownership.

Identities of the parties to the transaction
Name Nature of Business Nature of any material relationship with the Issuer, their directors/officers or any of their affiliates
Alpina Partners Alpina Partners is a London and Munich based investment firm with over €300 million in assets under management. None
Jürgen Eichner Individual None
Terms and conditions of the transaction
The nature and amount of consideration (e.g. price per share, the aggregate amount)

EUR47.8 million, determined based on the negotiations of the parties to the transaction.

Basis upon which the amount of consideration or value of the transaction was determined

This was determined based on the negotiations of the parties to the transaction.

The number of shares to be acquired N/A
Ratio/percentage to total outstanding capital stock 76
Terms of payment

The transaction will be financed through debt.

Conditions precedent to closing of the transaction, if any

Please see attachments relevant to the transaction, including the attached Audited Financial Statements of VIA.

Description of the company subject of the transaction
Nature and business

VIA is a leading company in sunlight readable interactive display solutions including touch screens. Starting with industrial and high reliability products, the company has conquered all market segments as a leading provider for optical bonding, a key technology to lower reflections thus enabling sunlight readability and increasing robustness, which is mandatory to allow thinner and lighter portable display solutions. VIA has developed proprietary material for optical bonding and holds valuable intellectual property for bonding processes and equipment resulting in very high production yields. VIA was established in 2005 and has approximately 290 employees across four countries. Together with its
headquarters in Schwarzenbruck, Germany, VIA has research facilities and manufacturing sites in Mörsdorf, Germany and Suzhou, China, and sales offices in Florida and Taipei.

Discussion of major projects and investments

No major ongoing projects or investments

List of subsidiaries and affiliates, with percentage holdings
Name % Ownership
Please refer to the attached audited financial statements of VIA optronics 100

Capital structure

Authorized capital stock
Type of Security Amount Number of Shares
Please refer to the attached audited financial statements of VIA optronics - 0
Subscribed Shares
Type of Security Amount Number of Shares
Please refer to the attached audited financial statements of VIA optronics - 0
Paid-Up Capital
Amount Please refer to the attached AFS
Number of Shares 0
Issued Shares
Type of Security Amount Number of Shares
Please refer to the attached audited financial statements of VIA optronics - 0
Outstanding Shares
Type of Security Amount Number of Shares
Please refer to the attached audited financial statements of VIA optronics - 0
Par Value
Type of Security Amount
Please refer to the attached audited financial statements of VIA optronics -
Ownership Structure (including percentage holdings)
Name Number of Shares % Ownership
Alpina Partners 0 55
Jürgen Eichner 0 45
Board of Directors
Name (Regular or Independent)
Please refer to the attached audited financial statements of VIA optronics -
Principal Officers
Name Position/Designation
Jürgen Eichner CEO
Daniel Jürgens CFO
Effect(s)/impact on the business, financial condition and operations of the Issuer

The acquisition will allow IMI to strengthen its partnerships with customers by offering complementary automotive camera and display monitor solutions for advanced driver assistance systems. Once combined, IMI and VIA will have the scale to introduce patented technology into automotive camera monitor systems for increased safety.

Other Relevant Information

Please see attachments for more details and relevant information on the said transaction, including audited financial statements of VIA. We intend to brief the financial community and the general public on the transaction.

In Germany, the capital structure is not based on shares rather the amount of subscription.

Filed on behalf by:
Name Laurice Dela Cruz
Designation Finance Manager