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Provided by: GRAND PACIFIC PETROCHEMICAL CORPORATION | |||||
SEQ_NO | 1 | Date of announcement | 2022/08/11 | Time of announcement | 15:10:02 |
Subject | Announcement of the BOD resolution of indirect investment in China by seasoned equity offering | ||||
Date of events | 2022/08/11 | To which item it meets | paragraph 20 | ||
Statement | 1.Date of occurrence of the event:2022/08/11 2.Method of the current increase (decrease) in investment: Seasoned equity offering (with earnings distribution of Zhenjiang CHIMEI Co., Ltd.) 3.Amount, unit price, and total monetary amount of the transaction: CNY$273,600 thousand 4.Company name of the mainland Chinese investee: Zhangzhou CHIMEI Chemical Co., Ltd. 5.Paid-in capital of aforementioned mainland Chinese investee:CNY$2.86 billion 6.Amount of capital increase currently planned for the aforementioned mainland Chinese investee: CNY$0.9 billion 7.Main businesses of the aforementioned mainland Chinese investee: Production and Sale of ABS 8.Type of CPA opinion in the latest annual financial statements of the aforementioned mainland Chinese investee:Unqualified Opinion 9.Total equity of the aforementioned mainland Chinese investee in the latest annual financial statements:CNY$2.364 billion 10.Amount of profit/loss of the aforementioned mainland Chinese investee in the latest annual financial statements:CNY$56,460thousand 11.Amount of actual investment in the aforementioned mainland Chinese investee, up to the present moment:CNY$1,143,040 thousand 12.Trading counterparty and its relationship with the Company:N/A 13.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer:N/A 14.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction:N/A 15.Profit (or loss) upon disposal:N/A 16.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:N/A 17.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making unit: Approved by the Board of Directors 18.Broker:N/A 19.Concrete purpose of the acquisition or disposal:Long-term investment 20.Any dissenting opinions of directors to the present transaction:N/A 21.Whether the counterparty of the current transaction is a related party:N/A 22.Date of the board of directors resolution:2022/08/11 23.Date of ratification by supervisors or approval by the Audit Committee:2022/08/11 24.Total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment: NT$14,011,417,976 25.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the paid-in capital on the latest financial statements:151.21% 26.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the total assets on the latest financial statements:34.44% 27.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to equity attributable to owners of the parent on the latest financial statements:39.85% 28.Total amount of actual investment in mainland China, up to the present moment:NT$19,405,429,478 29.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the paid-in capital on the latest financial statements:209.42% 30.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the total assets on the latest financial statements:47.70% 31.Ratio of the total amount of actual investment in mainland China, up to the present moment, to equity attributable to owners of the parent on the latest financial statements:55.19% 32.Amount of recognized profit (loss) on investment in mainland China for the last three years: 2019: NT$1,222,468 thousand 2020: NT$3,095,495 thousand 2021: NT$4,090,576 thousand 33.Amount of profit remitted back to Taiwan for the last three years:0 34.Whether the CPA issued an unreasonable opinion regarding the current transaction:NO 35.Name of the CPA firm:Crowe (TW)CPAs 36.Name of the CPA:HSIAO,YING-CHIA 37.Practice certificate number of the CPA: Membership number of Taipei CPA Asspciation:No.2383 38.Any other matters that need to be specified:N/A |
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Grand Pacific Petrochemical Corp. published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 07:30:08 UTC.