Today's Information |
Provided by: LEALEA ENTERPRISE CO.,LTD | |||||
SEQ_NO | 3 | Date of announcement | 2022/07/27 | Time of announcement | 17:36:56 |
Subject | The Board of Directors resolved to invest cash capital increase in subsidiary | ||||
Date of events | 2022/07/27 | To which item it meets | paragraph 20 | ||
Statement | 1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):Pt. Indonesia Libolon Fiber System common shares 2.Date of occurrence of the event:2022/07/27 3.Amount, unit price, and total monetary amount of the transaction: Transaction amount:2,800,000 common shares Unit price:US$5/per share Total monetary amount of the transaction:US$14,000,000 4.Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed): Counterparties:Pt. Indonesia Libolon Fiber System Relationship of the aforementioned with Company:the Company owned 70% of subsidiary 5.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:NA 6.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:NA 7.Matters related to the current disposal of creditors' rights (including types of collaterals of the disposed creditor's rights; if creditor's rights over a related party, announcement shall be made of the name of the related party and the book amount of the creditor's rights, currently being disposed of, over such related party):NA 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition):NA 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: Payment of share capital according to the schedule of cash capital increase. 10.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit: The manner of deciding on this transaction:Cash capital increase of subsidiary The reference basis for the decision on price:US$5/per share The decision-making unit:Approved by Board of Directors on 2022/07/27 11.Net worth per share of the Company's underlying securities acquired or disposed of:NT$45.26 12.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment: Cumulative no.of shares held:16,170,000 shares Amount:US$70,000,000 Shareholding percentage:70% Status of any restriction of rights:Nil 13.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present: Ratio of the total asset:34.45% Ratio of equity:58.44% Working capital:NT$143,534 thousand 14.Broker and broker's fee:NA 15.Concrete purpose or use of the acquisition or disposal: Improvement to subsidiary's financial structure and loan repayment. 16.Any dissenting opinions of directors to the present transaction:None. 17.Whether the counterparty of the current transaction is a related party:Yes 18.Date of the board of directors resolution:2022/07/27 19.Date of ratification by supervisors or approval by the Audit Committee:2022/07/27 20.Whether the CPA issued an unreasonable opinion regarding the current transaction:No 21.Name of the CPA firm:Favorable Business Partner CPAs 22.Name of the CPA:JIANG,XU-HONG 23.Practice certificate number of the CPA:(2012)Practice certificate No.000389 24.Whether the transaction involved in change of business model:No 25.Details on change of business model:No 26.Details on transactions with the counterparty for the past year and the expected coming year:NA 27.Source of funds:NA 28.Any other matters that need to be specified: Denominated in US Dollar,and the mentioned New Taiwan Dollar will be slightly different due to actual exchange rate. |
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Lealea Enterprise Co. Ltd. published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2022 09:41:05 UTC.