UMC · United Microelectronics Corporation

0001193125-26-324785

Summary

UMC set conversion price for its convertible bond and subsidiary realized significant gain from share disposal, providing non-operating income and financing.

Key takeaways

UMC set conversion price at NT$146.0 per share for its convertible bond, with a 119.97% premium over the NT$121.7 base price.
Subsidiary Fortune Venture Capital sold 870,000 Centera Photonics shares for NTD 326.6 million, realizing a gain of NTD 248.9 million.
The disposal reduced stake to 1.40%, indicating partial exit and cash generation for operations.

Full analysis

These disclosures highlight UMC's financing activities and investment portfolio management. The bond conversion pricing indicates future equity dilution at a premium, while the share disposal yields significant gains.