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Au Optronics Corp (AUO) SEC Filing 6-K Foreign Issuer report for the period ending Wednesday, July 24, 2019

Au Optronics Corp

CIK: 1172494 Ticker: AUO

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

 

July 24, 2019

 

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.

 

Form 20-F  X   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.

 

  Yes ..... No ..X...

 

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, “The Board resolved for the investment of common shares of Star Shining Energy Corporation”, dated July 24, 2019.

 

 

 

 

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: July 24, 2019 By:    /s/ Benjamin Tseng
    Name:   Benjamin Tseng
    Title: Chief Financial Officer

 

 

 

 

Item 1

 

AU Optronics Corp.

July 24, 2019

English Language Summary

 

Subject: The Board resolved for the investment of common shares of Star Shining Energy Corporation

 

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:2019/07/24

 

Contents:

 

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 Star Shining Energy Corporation ("Star Shining Energy")

 

2.Date of occurrence of the event:2019/07/24

 

3.Volume, unit price, and total monetary amount of the transaction:

 

Transaction volume: total transaction volume held by the Company and the subsidiary, Konly Venture Corp., are no more than 165 million shares, which may be invested once or by installment.

 

Unit price: NTD 10

 

Total transaction amount: total transaction amounts held by the Company and the subsidiary, Konly Venture Corp., are no more than NTD 1.65 billion, which may be invested once or by installment.

 

4.Counterparty 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):

 

Counterparty to the tradeStar Shining Energy

 

relationship to the Company: an associate of the Company.

 

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:

 

reason for choosing: The Board resolved for the investment of Star Shining Energy for its business expansion of solar power plants ;

 

 

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):N/A

 

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 paymentMake the payment within the subscription period

 

restrictive covenants in the contract, and other important stipulations: None

 

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 resolved for the investment of Star Shining Energy.

 

11.Net worth per share of the underlying securities acquired or disposed of:NTD 10.13

 

12.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 (including the current trade) held by the Company (including the subsidiary, Konly Venture Corp.): total volumes are no more than 264 million shares.

 

Current cumulative amount (including the current trade) held by the Company (including the subsidiary, Konly Venture Corp.): total amounts are no more than NTD 2.65 billion.

 

Shareholding percentage:No more than 33% held by the Company (including the subsidiary, Konly Venture Corp.)

 

Status of any restriction of rights:None

 

13.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:23.47%;

 

Current ratio of long or short term securities investment (including the current trade)to the shareholder's equity:42.43%;

 

The operating capital: NTD -11,113,780 thousand;

 

The capital resource and the concrete reason of obtaining the securities:

 

The Company's working capital; for Star Shining Energy’s business expansion of solar power plants

 

14.Broker and broker's fee:N/A

 

15.Concrete purpose or use of the acquisition or disposal:

 

for Star Shining Energy’s business expansion of solar power plants

 

16.Do the directors have any objection to the present transaction?:

 

No objection

 

17.Is it a related party transaction?:Yes

 

18.Date of the board of directors’resolution:2019/07/24

 

19.Date of the recognition of the supervisors or the board of independent directors’resolution:2019/07/24

 

20.Has the CPA issued an opinion on the unreasonableness of the price of the current transaction?:N/A

 

21.Name of the CPA firm:N/A

 

22.Name of the certifying CPA:N/A

 

23.The practice certificate number of the CPA:N/A

 

24.Any other matters that need to be specified:None

 

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Ticker: AUO
CIK: 1172494
Form Type: 6-K Foreign Issuer Report
Accession Number: 0000950103-19-009622
Submitted to the SEC: Wed Jul 24 2019 6:02:03 AM EST
Accepted by the SEC: Wed Jul 24 2019
Period: Wednesday, July 24, 2019
Industry: Semiconductors And Related Devices

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