Item 1
AU Optronics Corp.
April 7, 2014
English Language Summary
Subject: The company will hold the Investor Conference Call on April 30, 2014
Regulation: Published pursuant to Article 2-12 of the Taiwan Stock Exchange's Operating Procedures for the Publication of Material Information by Listed Companies
Date of Events: 2014/04/07
Content:
1. Date of the investor conference: 2014/04/30
2. Time of the investor conference: 14:00
3. Location of the investor conference: Online teleconference
4. Brief information disclosed in the investor conference:
2014 1st Quarter Results Investor Conference
5. The presentation of the investor conference release:
Please refer to MOPS or AUO's website for 1Q2014 investor conference presentation.
6. Will the presentation be released in the Company’s website:
http://auo.com/
7. Any other matters that need to be specified:
A live webcast of the conference call and replay will be available via http://www.auo.com/?sn=454&lang=en-US.
Item 2
AU Optronics Corp.
April 7, 2014
English Language Summary
Subject: To announce the acquisition of stock of Sungen Power Corporation on behalf of Star River Energy Corporation ("Star River"), a subsidiary of AUO
Regulation: Published pursuant to Article 2-20 of the Taiwan Stock Exchange's Operating Procedures for the Publication of Material Information by Listed Companies
Date of Events: 2014/04/07
Content:
1. Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield):
Common Stock of Sungen Power Corporation ("Sungen Power")
2. Date of occurrence of the event: 2014/04/07
3. Volume, unit price, and total monetary amount of the transaction:
Volume: 26,370 thousand shares
Unit price: NT$14.1714 per share
Total monetary amount: NT$373.7 million
4. Counterpart to the trade and its relationship to the Company (if the trading counterpart is a natural person and furthermore is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed):
AU Optronics Corporation ("AUO"), the parent company of Star River
5. Where the counterpart to the trade is an actual related party, a public announcement shall also be made of the reason for choosing the related party as trading counterpart and the identity of the previous owner (including its relationship with the company and the trading counterpart), price of transfer, and date of acquisition:
To make long-term equity investment; N/A; N/A; N/A
6. Where a person who owned the property within the past five years has been an actual related person of the company, a public announcement shall also include the dates and prices of acquisition and disposal by the related person and the person’s relationship to the company at those times:
The dates and prices AUO acquired Sungen Power common stock:
December 2010, 3,700 thousand shares at NT$10 per share
March 2012, 3,700 thousand shares at NT$10 per share
June 2012, 18,970 thousand shares at NT$10 per share
The person's relationship to the company at those times: N/A
7. Matters related to the creditor's rights currently being disposed of (including types of collateral of the disposed creditor's rights; if the creditor's rights are creditor's rights toward a related person, the name of the related person and the book amount of the creditor's rights toward such related person currently being disposed of must also be announced):N/A
8. Anticipated profit or loss from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status or recognition shall be stated and explained):N/A
9. Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations: Bullet; N/A; N/A
10. The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:
The transaction was based on the JV agreement. The promoters of Star River also resolved on the acquisition of stock of Sungen Power.
11. Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges):
Current cumulative volume: 26,370 thousand shares
Current cumulative amount: NT$373.7 million
Shareholding percentage of the holding: 100%
12. Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operating capital as shown in the most recent financial statement:
Current ratio of long or short term securities investment (including the current trade) to the total assets on the standalone financial statements: 69.2%
Current ratio of long or short term securities investment (including the current trade) to the shareholder's equity on the consolidated financial statements: 69.2%
The operational capital on the standalone financial statements: NT$ 166.3 million
13. Broker and broker's fee:
Broker: China Development Industrial Bank
Broker's fee: covered by the financial advisory service agreement signed between China Development Industrial Bank and Star River
14. Concrete purpose or use of the acquisition or disposition:
To make long-term equity investment
15. Net worth per share of company underlying securities acquired or disposed of: NT$11.16
16. Do the directors have any objection to the present transaction?: No
17. Has the CPA issued an opinion on the unreasonableness of the price of the current transaction?: No
18. Any other matters that need to be specified: None