Remarks | C05722-2024 |
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.
Subject of the Disclosure |
---|
Request for a voluntary trading suspension of the common shares of SFA Semicon Philippines Corporation (the “Company”) in view of the disclosure of material information. |
Background/Description of the Disclosure |
On August 21, 2024, SFA Semicon Co. Ltd. (“SFA Korea”) notified the Company of its intention to make a tender offer (“Tender Offer”) for all the outstanding common shares of the Company owned by the other shareholders (other than those owned by the members of the Company’s Board of Directors with respect to their qualifying common shares) for the purpose of the voluntary delisting of the Company from the Main Board of the Philippine Stock Exchange, Inc. (the “Voluntary Delisting”) and to request the relevant approvals for the Voluntary Delisting of the Company (the “Letter of Intent”). |
Stock Symbol(s) of Affected Securities | SSP |
---|
Execution Date | Aug 22, 2024 |
---|---|
Execution Time | 9:00 am |
Lifting Date | Aug 27, 2024 |
Lifting Time | 9:00 am |
Reason(s) for the request |
---|
The Company requests for a voluntary trading suspension of its common shares to give the investing public time to absorb the disclosed information relating to the Tender Offer and the proposed Voluntary Delisting. |
Other Relevant Information |
Please find attached SEC Form 17-C. |
Name | Caroline Sicat |
---|---|
Designation | Treasurer/Assistant Corporate Secretary |