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News Release

2021-03-16

Last 3 Days Of Public Acquisition, Qisda Reminders Shareholders To Take Part In Sale

Qisda’s public acquisition of Sysage Technology will end at 3:30 p.m. on March 18. Qisda reminds shareholders of Sysage Technology to participate in the sale as it ends in 3 days. Shareholders may apply for the sale via: the counter, telephone, or online. Qisda has publicly announced the conditions of the sale and settlement and payment for the acquisition consideration is expected to be carried out on the 5th business day (March 25) after the sale ends.


Qisda has conducted public acquisition of shares of Sysage Technology for NTD45 per share, with a maximum of 38,000,000 shares expected to be acquired, accounting for approximately 20.2% of the total common shares issued by Sysage Technology. For the process of the acquisition, please refer to the Public Acquisition Section website of the entrusted entity KGI Securities at:


https://www.kgieworld.com.tw/Underwrite_news/20201208/index.html


Sysage Technology is a leader in system integration and application services in Taiwan, and a subsidiary of Qisda with ownership of 35% of its shares. The purpose of the public acquisition is to increase Qisda’s investment income, accelerating the integration of both companies to maximize benefits. The advantages of the original hardware will be integrated to provide more comprehensive software integration services. Furthermore, new customers will be developed through Sysage Technology’s channels and assistance provided to aid Sysage Technology become a complete solution provider.