Ta Chen Stainless Pipe : Announce the resolution of the Company's BOD on the acquisition of ordinary shares of Brighton-Best with no greater than NT$700 million.
Announce the resolution of the Company's BOD on
the acquisition of ordinary shares of Brighton-Best with
no greater than NT$700 million.
Date of events
2022/07/05
To which item it meets
paragraph 20
Statement
1.Name of the securities:
Brighton-Best International (Taiwan), Inc.(code:8415)
2.Trading date:2022/07/05~2022/07/05
3.Amount, unit price, and total monetary amount of the transaction:
Amount: 20,000,000 shares
Unit price: an average of NT$35.00 per share
Total monetary amount of the transaction: no greater than NT$700,000,000
4.Gain (or loss) through disposal (not applicable in case of acquisition of
securities):NA
5.Relationship with the underlying company of the trade:
parent company and subsidiaries
6.Current cumulative amount held, monetary amount, and shareholding
percentage of cumulative holdings of the securities being traded (including
the current trade), and status of any restriction of rights (e.g.pledges):
Current cumulative amount held: 453,510,040 shares
Monetary amount: NT$8,966,899,626
Shareholding percentage: 43.97%
Status of any restriction of rights: 117,000,000 shares
7.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: 81.23% ; 102.92% ; NT$9,369,930,000
8.Concrete purpose of the acquisition or disposal:
Increasing shareholding of Brighton-Best.
9.Any dissenting opinions of directors to the present transaction:None
10.Whether the counterparty of the current transaction is a related party:No
11.Trading counterparty and its relationship with the Company:NA
12.Date of the board of directors resolution:NA
13.Date of ratification by supervisors or approval by
the audit committee:NA
14.Any other matters that need to be specified:None
Attachments
Original Link
Original Document
Permalink
Disclaimer
TA CHEN Stainless Pipe Co. Ltd. published this content on 05 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 July 2022 10:42:04 UTC.
TA CHEN STAINLESS PIPE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of stainless steel products. The Company's main products include stainless steel pipes, stainless steel welded pipe fittings, stainless steel coils, stainless steel cutting and processing products, steel belts, pipe joints, flange, valves and fasteners. In addition, The Company is also engaged in the manufacture and sales of screws and nuts. The Company's mainly distributes its products to the overseas markets.
Ta Chen Stainless Pipe : Announce the resolution of the Company's BOD on the acquisition of ordinary shares of Brighton-Best with no greater than NT$700 million.
TA CHEN STAINLESS PIPE CO., LTD. 
