To clarify media report
2019-12-12
1.Date of occurrence of the event:2019/12/12
2.Company name:WPG Holdings Limited
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):head office
4.Reciprocal shareholding ratios:NA
5.Name of the reporting media:media report
6.Content of the report:
”…In case a special meeting of shareholders is convened by any
other shareholder for re-election of directors and supervisors of
WT Microelectronics Co., Ltd., does it imply acquisition of control?”
7.Cause of occurrence:media report
8.Countermeasures:
The aforesaid comments of the media are mainly based on speculation and
require clarifications as follows:
1.WPG’s five statements and commitments as indicated in its Tender Offer
Prospectus are aimed at reiterating that the Tender Offer is financial
purpose oriented. All such statements and commitments are based on careful
consideration from “legitimate, rational and practical” perspectives,
so as to maintain a constructive dialogue and a practical framework for
the Tender Offer. WPG urges the public to have an overall understanding of
the Tender Offer, and not to prejudice against the genuine intention of
WPG with any wrongful conjecture.
2.WPG is grateful to all valuable comments from the public and will take
all such comments into serious consideration.
3.For information related to the Tender Offer, please refer to those
announced in the MOPS and detailed in the Tender Offer Prospectus.
9.Any other matters that need to be specified:None