1.Date of occurrence of the event:2025/11/11
2.Company name:WPG Holdings Limited
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:N/A
6.Countermeasures:N/A
7.Any other matters that need to be specified (the information disclosure
also meets the requirements of Article 7, subparagraph 9 of the Securities
and Exchange Act Enforcement Rules, which brings forth a significant impact
on shareholders rights or the price of the securities on public companies.):
WPG Holdings Limited and its subsidiaries held a board meeting today
and approved a group organizational integration plan. Under this plan,
Asian Information Technology Inc. (“AIT”) will acquire 100% of the
shares of Yosun Industrial Corp. (“Yosun”) and Silicon Application
Corp. (“SAC”) through a share exchange. The initiative aims to integrate
resources, enhance operational efficiency, and strengthen the Group’s
global presence.
The preliminary share exchange ratios are as follows:
Each Yosun common share will be exchanged for 2.7947 common shares
of AIT. Each SAC common share will be exchanged for 1.2222 common
shares of AIT. The record date for the share exchange is tentatively set
for January 1, 2026.
Following the share exchange, AIT and World Peace Industial Co., Ltd.
will serve as dual core engines driving WPG Holdings’ semiconductor
component distribution business.