Wiwynn Offers Small Shareholders NT$10 Stock Purchase After Rights Dispute

Wiwynn Corp., a major AI server supplier under Taiwan’s Wistron Group, carried out an ex-rights adjustment on Sept. 2 that granted 1,982.79460 new shares for every 1,000 held. The unusually large stock dividend left fractional entitlements for odd-lot investors. Fractions below one share were handled at the NT$10 par value and could be reduced to zero after book-entry expenses, creating a stark gap with Wiwynn’s market price above NT$2,000 and exposing a regulatory blind spot as odd-lot investing expands.

Wiwynn announced a remedy on Sept. 8, allowing shareholders who held one to 15 shares as of the final record date to buy one common share each at its NT$10 par value. The non-transferable offer covers more than half of its shareholder accounts, Chairwoman Emily Hong said on Sept. 9. Eligible investors must pay between Sept. 16 and 3:30 p.m. on Sept. 30. Taiwan’s Financial Supervisory Commission has received more than 100 complaints and plans to discuss possible rule changes with the Ministry of Economic Affairs.