Redemption of EMC's fourth issue of domestic unsecured convertible corporate bonds (CB23834) and ter

1.Date of occurrence of the event:2020/07/03
2.Company name:Elite Material Co., Ltd.
3.Relationship to the Company (please enter ”head office” or
  ”subsidiaries”):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence: In accordance with Article 18 of the Company's
Procedures for the Issuance and Conversion of the Fourth Issue of Domestic
Unsecured Convertible Bonds
6.Countermeasures:
(1) According to Article 18 of the Company's Procedures for the Issuance
and Conversion of the Fourth Issue of Domestic Unsecured Convertible Bonds
(hereinafter referred to as ”the convertible bonds”), if the closing
price,starting from August 17, 2017, of the company's common shares quoted
on the Taiwan Stock Exchange during a period of 30 consecutive business days
is greater than or equal to 130% of the conversion price on each applicable
business day, the company may, within 30 business days, send via registered
mail a ”notice of bond redemption” with 30-day effective period (the
aforementioned 30-day period starts on the day of dispatch by the company,
and the expiry date thereof shall be deemed as the record date of bond
redemption) to bondholders (based on the names of bondholders registered in
the roster of bondholders at the fifth business day prior to the date upon
which the notice of redemption is sent. For investors who acquire the
convertible bonds after the said business day through trading or other
reasons, a public announcement will be made in lieu of notice).
The company shall apply to the Taipei Exchange for announcement of the same.
When bondholders reply in writing to the Company's agent of stock affairs
requesting for bond redemption in cash (the reply takes effect at the time of
delivery; the postmark date serves as a proof for mailing) prior to the
record date of bond redemption, the company will redeem such convertible
bonds in cash at face value five business days after the record date of bond
redemption.
(2) Last transfer period of Convertible Bond: N/A
(3) Bond redemption period: July 17, 2020 to August 17, 2020.
(4) Record date of bond redemption: August 17, 2020
(5) Termination of Taipei Exchange trading date: August 18, 2020
(6) Redemption notification by registered mailed date: July 17, 2020
(7) Bond redemption procedures:
i) The convertible bonds are issued without the actual physical securities
print. Bondholders should submit the following documents to their original
broker to perform the bond redemption procedures.
1)The ”Application Form for Convertible Bond Conversion/Redemption/Put”
with the seal stamp for the central depository account.
2)Securities Passbook 3)Photocopy of ID. In the case of ”redemption payment
methods” in the Application Form for Convertible Bond Conversion/Redemption/
Put,bondholders shall select remittance directly into the applicant's bank
account.
The name and bank account of recipient should be provided. For securities
passbooks, go through the bond redemption procedures with correspondent
securities firms. (hereinafter referred to as ”TDCC Company”) submits an
application, and after the application is accepted, the company will be sent
to the company's stock agency. Effective force will be effective upon
delivery, and no withdrawal can be applied for.
ii) Creditors may starting from one business day before the notification day,
July 17, 2020 (July 16, 2020) to the one business day before expiry date,
August 17,2020 (August 14, 2020), the bond holders can sell to the broker.
iii) The bonds are redeemed at par in cash according to the denomination
of the bond, and is uniformly paid by remittance or mailing check on August
24, 2020, to the applicants, the remittance (postage) is directly deducted
from the redemption price.
(8) EMC's agent of stock affairs:
Oriental Securities Co., Ltd., Stock Transfer Agent Department
Address: 13F, No. 16, Xinzhan Rd., Banqiao Dist., New Taipei City,
Taiwan (R.O.C.) Tel: (02) 7753-1699
(9) If bondholders do not wish the Company to exercise its right of
redemption, they may apply for conversion to equity shares at
NT$107.9 with their original brokers not late than one day prior to
the record date of bond redemption (i.e. August 14, 2020).
7.Any other matters that need to be specified:None