Taiwan University (3045-TW) announced today (30) that it will increase its capital and will issue 282 million shares to merge with Taiwan Star. Estimated at the closing price of Taiwan University today at 100 yuan, the transaction amount is about 28.2 billion yuan. Taiwan Star will become the company to eliminate the company. , Taiwan’s generals and Taiwan Stars will form a 5G Taiwan team with 9.8 million users, surpassing the more than 7 million users of remote transmission in one fell swoop, approaching Chung Hwa Power (2412-TW) with tens of millions of users, ranking second in the rankings.
Taiwan University is expected to increase capital by issuing 282 million shares and Taiwan Star for share swap. Taiwan Star will exchange 0.04508 shares for Taiwan University for every 1 share. The follow-up will be reviewed by the Fair and the National Communications Commission (NCC) and finalized after approval by the competent authority. Combination base date.
Lin Zhichen, general manager of Taiwan University, said that he has been in contact with Taiwan Star in the past, but it has not been until nearly 3-4 months to actively finalize the merger. At the same time, he hopes that the competent authority can review the merger as soon as possible. It is expected that subsequent Taiwanese capital expenditures will increase. , And the expansion of equity will have a positive impact on profitability.
In the future, Taiwan will have 9.8 million households, which is close to the tens of millions of users of Chunghwa Power, and it will become the second largest telecommunications company. Lin Zhichen said that the user experience will be greatly improved, and users of both parties will be able to enjoy greater discounts for in-network calls after the merger. Existing customers of Taiwan Star will also be able to experience 1.5 times 4G coverage and 3 times 5G network coverage with the original tariff upgrade.
After Taiwan Dai and Taiwan Star held their respective board of directors today, Taiwan’s Chairman Cai Mingzhong and Taiwan Star Chairman Lin Qingtang completed the signing ceremony on behalf of both parties. Tsai Ming-chung said that the biggest goal of Taiwan University’s completion of this merger is to make 5G spectrum more efficient integration, improve the effectiveness of mobile communication infrastructure construction, and make another big step toward the goal of energy-saving, carbon-reduction and sustainable development. And rebuild a new order for the industry.
