UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE TO
(RULE 14d-100)
Tender Offer Statement
under Section 14(d)(1) or 13(e)(1) of the Securities Exchange Act of 1934
SILICONWARE PRECISION INDUSTRIES CO., LTD.
(Name of Subject Company (Issuer))
ADVANCED SEMICONDUCTOR ENGINEERING, INC.
(Offeror)
(Names of Filing Persons (identifying status as offeror, issuer and other person))
American Depositary Shares, Each Representing Five Common Shares,
Par Value NT$10.00 Per Common Share
and
Common Shares Held by U.S. Holders
(Title of Class of Securities)
827084864 (American Depositary Shares)
(CUSIP Number of Class of Securities)
TW0002325008 (Common Shares)
(ISIN Number of Class of Securities)
Joseph Tung
Room 1901, No. 333, Section 1 Keelung Rd.
Taipei, Taiwan, 110
Republic of China
Tel: +886 2-6636-5678
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of Filing Persons)
Copies to:
George R. Bason, Jr.
Davis Polk & Wardwell LLP
450 Lexington Avenue
New York, New York 10017
Telephone: +1 (212) 450-4000
CALCULATION OF FILING FEE
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Transaction Valuation* |
Amount of Filing Fee** |
|
---|---|---|
$915,695,669.38 |
$92,210.55 | |
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Amount Previously Paid: | Filing Party: | |
Form or Registration No.: |
Date Filed: |
Check the appropriate boxes below to designate any transactions to which the statement relates:
Check the following box if the filing is a final amendment reporting the results of the tender offer. o
Check the appropriate boxes below to designate any transactions to which the statement relates:
This Tender Offer Statement and Rule 13E-3 Transaction Statement filed under cover of Schedule TO (as amended and supplemented, the "Schedule TO") by Advanced Semiconductor Engineering, Inc., a company incorporated and existing under the laws of the Republic of China ("Purchaser"). The Schedule TO relates to the offer by Purchaser to purchase up to 770,000,000 Common Shares, including those represented by ADSs, which represents approximately 24.71% of the issued and outstanding share capital of Siliconware Precision Industries Co., Ltd., a company limited by shares under the Company Law of the Republic of China ("SPIL"), through concurrent tender offers in the United States and the Republic of China and upon the terms set forth in the U.S. Offer to Purchase, dated December 29, 2015 (the "U.S. Offer to Purchase"), and in the related ADS Letter of Transmittal and Common Share Form of Acceptance, copies of which are attached hereto as Exhibits (a)(1), (a)(2) and (a)(3), respectively.
The information under the heading "Summary Term Sheet" in the U.S. Offer to Purchase is incorporated by reference in response to Item 1 of this Schedule TO.
ITEM 2. SUBJECT COMPANY INFORMATION
(a) Reference is made to the information set forth in the U.S. Offer to Purchase under the headings "Summary Term Sheet", "The OfferSection 8. Certain Information Concerning SPIL", which is incorporated herein by reference.
(b) Reference is made to the information set forth in the U.S. Offer to Purchase under the headings "Summary Term Sheet" and "The OfferSection 7. Price Range of ADSs and Common Shares", which is incorporated herein by reference.
(c) Reference is made to the information set forth in the U.S. Offer to Purchase under the heading "The OfferSection 7 Price Range of ADSs and Common Shares", which is incorporated herein by reference.
ITEM 3. IDENTITY AND BACKGROUND OF FILING PERSON
(a) Reference is made to the information set forth in the U.S. Offer to Purchase under the headings "Summary Term Sheet" and "The OfferSection 8. Certain Information Concerning Purchaser", which is incorporated herein by reference.
(b) Reference is made to the information set forth in the U.S. Offer to Purchase under the heading "The OfferSection 8. Certain Information Concerning Purchaser", which is incorporated herein by reference.
(c) Reference is made to the information set forth in the U.S. Offer to Purchase under the headings "The OfferSection 8. Certain Information Concerning Purchaser" and in Schedule A thereto, which is incorporated herein by reference.
ITEM 4. TERMS OF THE TRANSACTION
Reference is made to the information set forth in the U.S. Offer to Purchase under the headings "Summary Term Sheet", "Introduction", "The OfferSection 2. Terms of the U.S. Offer", "The OfferSection 3. Acceptance for Payment and Payment", "The OfferSection 4. Procedure for Tendering ADSs and Common Shares", "The OfferSection 5. Withdrawal Rights", "The Offer -Section 6. Material Tax Consequences" and "The Offer -Section 11. Conditions to the U.S. Offer", which is incorporated herein by reference.
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ITEM 5. PAST CONTACTS, TRANSACTIONS, NEGOTIATIONS AND AGREEMENTS
(a) Not applicable.
(b) Reference is made to the information set forth in the U.S. Offer to Purchase under the heading "Special FactorsSection 1. Background of the Offers; Past Contacts; Negotiations", which is incorporated herein by reference.
ITEM 6. PURPOSE OF THE TRANSACTION AND PLANS OR PROPOSALS
(a) and (c)(1) through (7) Reference is made to the information set forth in the U.S. Offer to Purchase under the headings "Summary Term Sheet", "Introduction", "Special FactorsSection 1. Background of the Offers; Past Contacts; Negotiations", "Special FactorsSection 2. Purpose of the Offers; Alternatives; Plans for SPIL", "Special FactorsSection 4. Effects of the Offers" and "The OfferSection 2. Terms of the U.S. Offer", which is incorporated herein by reference.
ITEM 7. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
(a), (b) and (d) Reference is made to the information set forth in the U.S. Offer to Purchase under the heading "Summary Term Sheet", and "The OfferSection 10. Source and Amount of Funds", which is incorporated herein by reference.
ITEM 8. INTEREST IN SECURITIES OF THE SUBJECT COMPANY.
(a), (b) Reference is made to the information set forth in the U.S. Offer to Purchase under the headings "Summary Term Sheet", "Introduction", "Special FactorsSection 1. Background of the Offers; Past Contacts; Negotiations", "Special FactorsSection 7. Interest in Common Shares and ADSs", "The OfferSection 9. Certain Information Concerning Purchaser", and in Schedule A thereto, which is incorporated herein by reference.
ITEM 9. PERSONS/ASSETS RETAINED, EMPLOYED, COMPENSATED OR USED
(a) Reference is made to the information set forth in the U.S. Offer to Purchase under the heading "The OfferSection 13. Fees and Expenses", which is incorporated herein by reference.
(a), (b) Not applicable.
ITEM 11. ADDITIONAL INFORMATION
(a)(1) None.
(a)(2), and (3) Reference is made to the information set forth in the U.S. Offer to Purchase under the headings "Summary Term Sheet", "Introduction", "Special FactorsSection 2. Purpose of the Offers; Alternatives; Plans for SPIL" and "The Offer: Section 12, Regulatory Approvals", which is incorporated herein by reference.
(a)(4) None
(a)(5) Reference is made to the information set forth in the U.S. Offer to Purchase under the heading "Special FactorsSection 1. Background of the Offers; Past Contacts; Negotiations" , which is incorporated herein by reference.
(c) None.
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Exhibit No. | Description | |
---|---|---|
(a)(1) | U.S. U.S. Offer to Purchase dated December 29, 2015. | |
(a)(2) | ADS Letter of Transmittal (including Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9). | |
(a)(3) | Common Share Form of Acceptance (including Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9). | |
(a)(4) | Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees (ADSs). | |
(a)(5) | Letter to Clients (ADSs). | |
(a)(6) | Letter to Financial Intermediaries and Custodians (Common Shares). | |
(a)(7) | Letter to Clients (Common Shares). | |
(a)(8) | Summary Advertisement, dated December 29, 2015. | |
(a)(9) | English Translation of Crowe Horwath (TW) CPAs Opinion dated December 13, 2015. | |
(a)(10) | English Translation of Crowe Horwath (TW) CPAs Opinion dated December 21, 2015. |
ITEM 13. INFORMATION REQUIRED BY SCHEDULE 13E-3
Item 2. Subject Company Information
Item 4. Terms of the Transaction
Item 5. Past Contacts, Transactions, Negotiations and Agreements.
Item 6. Purposes of the Transaction and Plans or Proposals.
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Plans for SPIL", "Special FactorsSection 3" and "Special FactorsSection 4. Effects of the Offers", which is incorporated herein by reference.
(c)(8) Reference is made to the information set forth in the U.S. Offer to Purchase under the heading "Summary Term Sheet", "Special FactorsSection 4. Effects of the Offers", which is incorporated herein by reference.
Item 7. Purposes, Alternatives, Reasons and Effects.
(a) through (c) Reference is made to the information set forth in the U.S. Offer to Purchase under the headings "Introduction", "Summary Term Sheet", "Special FactorsSection 1. Background of the Offers; Past Contacts; Negotiations" and "Special FactorsSection 2. Purpose of the Offers; Alternatives; Plans for SPIL", which is incorporated herein by reference:
(d) Reference is made to the information set forth in the U.S. Offer to Purchase under the headings "Summary Term Sheet", "Special FactorsSection 2. Purpose of the Offers; Alternatives; Plans for SPIL", "Section 4. Effects of the Offers", "Special FactorsSection 5. Appraisal Rights" and "The OfferSection 6. Material Tax Consequences", which is incorporated herein by reference:
Item 8. Fairness of the Transaction.
(a) through (f) Reference is made to the information set forth in the U.S. Offer to Purchase under the headings "Summary Term Sheet", "Special FactorsSection 1. Background of the Offers; Past Contacts; Negotiations", "Special FactorsSection 2. Purpose of the Offers; Alternatives; Plans for SPIL" and "Special FactorsSection 3. Fairness of the Offers and the Proposed Combination" which is incorporated herein by reference.
Item 9. Reports, Opinions, Appraisals and Negotiations.
(a) through (c) Reference is made to the information set forth in the U.S. Offer to Purchase under the heading "Special Factors-Section 3. Fairness of the Offers and the Proposed Combination", which is incorporated herein by reference.
Item 10. Source and Amount of Funds or Other Consideration.
Reference is made to the information set forth in the U.S. Offer to Purchase under the heading "The OfferSection 13. Fees and Expenses.", which is incorporated herein by reference.
Item 12. The Solicitation/Recommendation.
(d) and (e) Reference is made to the information set forth in the U.S. Offer to Purchase under the heading "Summary Term Sheet", which is incorporated herein by reference.
Item 13. Financial Statements.
(a) The audited consolidated financial statements of SPIL for the year ended December 31, 2013 and December 31, 2014 are incorporated herein by reference to item 18 of SPIL's Annual Report on Form 20-F for the year ended December 31, 2014 filed on April 27, 2015.
(b) Not applicable.
Item 14. Persons/Assets, Retained, Employed, Compensated or Used.
(b) None.
Reference is made to Item 12 Exhibits of this Schedule TO.
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After due inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Date:
December 29, 2015
ADVANCED SEMICONDUCTOR ENGINEERING, INC. | ||||||
By: | /s/ JOSEPH TUNG | |||||
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||||||
Name: | Joseph Tung | |||||
Title: | Chief Financial Officer |
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Item 12. Exhibits.
Exhibit No. | Description | |
---|---|---|
(a)(1) | U.S. Offer to Purchase dated December 29, 2015. | |
(a)(2) | ADS Letter of Transmittal (including Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9). | |
(a)(3) | Common Share Form of Acceptance (including Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9). | |
(a)(4) | Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees (ADSs). | |
(a)(5) | Letter to Clients (ADSs). | |
(a)(6) | Letter to Financial Intermediaries and Custodians (Common Shares). | |
(a)(7) | Letter to Clients (Common Shares). | |
(a)(8) | Summary Advertisement, dated December 29, 2015. | |
(a)(9) | English Translation of Crowe Horwath (TW) CPAs Opinion dated December 13, 2015. | |
(a)(10) | English Translation of Crowe Horwath (TW) CPAs Opinion dated December 21, 2015. |
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