Report of Foreign Issuer (6-k)
December 11 2017 - 6:03AM
Edgar (US Regulatory)
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
December 11, 2017
|
Commission File Number
|
001-31335
|
|
|
|
|
AU Optronics Corp.
|
|
(Translation of registrant’s name into English)
|
|
|
|
No. 1 Li-Hsin Road 2
|
|
Hsinchu Science Park
|
|
Hsinchu, Taiwan
|
|
(Address of principal executive offices)
|
Indicate by check mark whether
the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
____
Note:
Regulation S-T Rule
101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security
holders.
Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
____
Note:
Regulation S-T Rule
101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant
foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated,
domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on
which the registrant's securities are traded, as long as the report or other document is not a press release, is not required
to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been
the subject of a Form 6-K submission or other Commission filing on EDGAR.
Indicate by check mark whether
by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
If "Yes" is marked,
indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
Not applicable
INDEX
TO EXHIBITS
Item
|
|
1.
|
Taiwan
Stock Exchange filing entitled, “To announce the disposal of investment on behalf
of Konly Venture Corp. ("Konly"), a subsidiary of AUO ” dated December
11, 2017.
|
Signatures
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
|
|
AU Optronics Corp.
|
|
|
|
|
|
|
|
Date:
December 11, 2017
|
By:
|
/s/ Benjamin Tseng
|
|
|
|
Name:
|
Benjamin Tseng
|
|
|
|
Title:
|
Chief Financial Officer
|
Item 1
AU Optronics Corp.
December11,
2017
English Language
Summary
Subject:
To announce the disposal of investment on behalf of Konly Venture Corp. ("Konly"), a subsidiary of AUO
Regulation:
Published pursuant to Article 4-20 of the Taiwan Stock Exchange's Operating Procedures for the Publication of Material Information
by Listed Companies
Date
of Events: 2017/12/11
|
|
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
shares of Fargen Power Corporation.
|
|
|
2.
|
Date of occurrence of the
event:2017/12/11
|
|
|
3.
|
Volume, unit price, and
total monetary amount of the transaction:
|
Volume:27,200
thousand shares
Unit
price: approximately NT$11.95 per share
Total
monetary amount: NT$325 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):
|
Counterpart
to the trade: Star Shining Energy Corporation
Relationship
to the Company: Konly is one of the shareholders of Star Shining Energy Corporation.
|
|
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
liquidate assets and strengthen the efficiency of capital utilization; 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: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):
Anticipated
the disposal gain is approximately NT$50 million.
|
|
9.
|
Terms of delivery or payment
(including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations:
|
Terms
of delivery or payment:Bullet payment.
Restrictive
covenants in the contract, and other important stipulations: subject to the contract
|
|
10.
|
The manner in which the
current transaction was decided, the reference basis for the decision on price, and the decision-making department:
|
The
Board of Directors of Konly resolved to sell the common shares of Fargen Power Corporation and authorized the chairman or his
designee to deal with the transaction.
|
|
11.
|
Current cumulative volume,
amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction
of rights (e.g.pledges):
|
Current
cumulative volume: 0
Current
cumulative amount: 0
Shareholding
percentage of the holding: 0%
|
|
12.
|
Current ratio of long or
short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most
recent financial statement and the operating capital as shown in the most recent financial statement:
|
Current
ratio of long or short term securities investment (including the current trade)to the total assets: 1.08%.
Current
ratio of long or short term securities investment (including the current trade)to the shareholder's equity:1.90%
The
operational capital: NT$ 12,636 million.
|
|
13.
|
Broker and broker's fee:No
|
|
|
14.
|
Concrete purpose or use
of the acquisition or disposal: To liquidate assets and strengthen the efficiency of capital utilization.
|
|
|
15.
|
Net worth per share of
the underlying securities acquired or disposed of:NT$10.12
|
|
|
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:
|
The
total assets and operational capital in the most recent financial statements refer to the amount of the Company's stand alone
financial statements for the year of 2016; the shareholder's equity in the most recent financial statement refer to the Company's
consolidated financial statements for the third quarter of 2017.
AU Optronics (NYSE:AUO)
Historical Stock Chart
From Mar 2024 to Apr 2024
AU Optronics (NYSE:AUO)
Historical Stock Chart
From Apr 2023 to Apr 2024
