Lite-On Technology Announces Withdrawal of Domestic Second Unsecured Convertible Bond Issuance, Approved by FSC
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58/100
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7
AI Summary (NQ-processed)
Lite-On Technology has withdrawn its application for the second domestic unsecured convertible bond issuance, approved by the FSC. Due to recent stock market volatility, the company decided to cancel to protect shareholder interests. The funding needs will be met by internal funds.
AI Analysis
Frequently Asked Questions
- Q: What type of bond was withdrawn?
- A: Domestic second unsecured convertible bond, up to 80,000 units, total NT$8 billion.
- Q: Reason for withdrawal?
- A: Recent stock market volatility.
- Q: When was FSC approval obtained?
- A: June 8, 2026.