Today's Information |
Provided by: TATUNG CO. | |||||
SEQ_NO | 2 | Date of announcement | 2021/11/09 | Time of announcement | 19:33:24 |
Subject | Tatung Company will obtain the stock of Chunghwa Electronic Development Co., Ltd. | ||||
Date of events | 2021/11/09 | 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.):Chunghwa Electronic Development Co., Ltd. 2.Date of occurrence of the event:2021/11/09 3.Amount, unit price, and total monetary amount of the transaction: Obtained volume: 18,947,395 shares Obtained unit price: NT$0.68 per share Total obtained amount: NT$12,884 thousands. 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): Trading counterparty: Chih Sheng Investment Co., Ltd., Shan-Chih Asset Development Co., Ltd., and the Employee Welfare Committee of Tatung Company Trading counterparty��s relationship with the Company: Subsidiary/Related- party 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: The reason for choosing the related party as trading counterparty: Organizational reorganization 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 in cash. 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: NA, approved by Tatung investment review committee and the President according to the level of authority. 11.Net worth per share of the Company's underlying securities acquired or disposed of: NT$ 0.39 per share. 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 (including the current transaction): 316,573,662 shares Cumulative no. of monetary amount: NT$2,580,331 thousands. Cumulative no. of shareholding percentage: 100% Cumulative no. of status of any restriction of rights (e.g., pledges): Non-restriction 13.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present: Current ratio of securities investment to the total assets: 72.24% Current ratio of securities investment to equity attributable to owners of the parent: 169.11% The most recent financial statement and working capital as shown in the most recent financial statement as of the present: NT$-2,689,551 thousands. 14.Broker and broker's fee:NA 15.Concrete purpose or use of the acquisition or disposal: To the strategy and administration could be executed flexibility, Tatung Company will obtain the stock of Chunghwa Electronic Development Co., Ltd and it will be a single juristic person shareholder. 16.Any dissenting opinions of directors to the present transaction:NA 17.Whether the counterparty of the current transaction is a related party:Yes 18.Date of the board of directors resolution:NA 19.Date of ratification by supervisors or approval by the Audit Committee:NA 20.Whether the CPA issued an unreasonable opinion regarding the current transaction:NA 21.Name of the CPA firm:NA 22.Name of the CPA:NA 23.Practice certificate number of the CPA:NA 24.Whether the transaction involved in change of business model:No 25.Details on change of business model:NA 26.Details on transactions with the counterparty for the past year and the expected coming year:No 27.Source of funds:NA 28.Any other matters that need to be specified: According to authorization of company and the regulation of acquisition or disposal, and the letter from the TWSE announcement. |
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Tatung Company published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 11:52:08 UTC.