Announcement Tatung Company BOD approves to
increase shareholding to Elitegroup Computer Systems
Co., Ltd.
Date of events
2022/08/12
To which item it meets
paragraph 20
Statement
1.Name of the securities: Elitegroup Computer Systems Co., Ltd.
2.Trading date:2022/08/12~2022/08/12
3.Amount, unit price, and total monetary amount of the transaction:
To increase the shareholding within one year after the board of directors
approves the total transaction amount not exceeding NT$1 Billion of
Elitegroup Computer Systems Co., Ltd.
4.Gain (or loss) through disposal (not applicable in case of acquisition of
securities):N/A
5.Relationship with the underlying company of the trade:
Elitegroup Computer Systems Co., Ltd. is an investee company of Tatung Co.
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):
Expected to proceed after approval of the BOD meeting, implementation
depends on the schedule of Elitegroup Computer Systems Co., Ltd.'s
market price.no restriction of rights.
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:
Current ratio to the total assets: 74.80%(calculated by transaction
ceiling approved by the Board of Directors)
Current ratio shareholder's equity: 141.97%(calculated by transaction
ceiling approved by the Board of Directors)
The operating capital: NTD 4,341,079 thousand.
8.Concrete purpose of the acquisition or disposal:Long-term investment.
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:N/A.
12.Date of the board of directors resolution:2022/08/12
13.Date of ratification by supervisors or approval by
the audit committee:2022/08/08
14.Any other matters that need to be specified:None.
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Tatung Company published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 12:04:13 UTC.
Tatung Co is a Taiwan-based company mainly engaged in the manufacture and sale of electronic and electrical products. The Company operates through four segments. The Optical segment is engaged in the development, manufacture and sale of thin-film transistor (TFT) large-size panels, small and medium-sized panels such as smartphones, tablet computers, car panels and touch panels. The Mechanical and Electrical Energy segment is engaged in the development, manufacture and sale of smart grids, smart meters, solar photovoltaics, light-emitting diode lighting, motors, electromechanical and energy management systems. The Consumer Products segment is engaged in the development, manufacture and sale of digital TVs, flat panel displays, digital media equipment, digital audio-visual, and home appliance products. The Other segment is engaged in other businesses.
TATUNG CO., LTD. 
