The status of improvement plan of fund loaning to
Chunghwa Picture Tubes, LTD.
Date of events
2021/11/11
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2021/11/11
2.Company name: Tatung Co.
3.Relationship to the Company (please enter ��head office�� or
��subsidiaries��):head office
4.Reciprocal shareholding ratios: N/A
5.Cause of occurrence:
Pursuant to Jing-Kuan-Cheng-Shen-Tzu-Di No.10803038431, by the Financial
Supervisory Commission, the Company hereby announces the improvement plan
of loan to others.
6.Countermeasures:
On September 18, 2019, the CPT board of directors resolved to apply with
the court for pronouncement of bankruptcy in accordance with Article 211 of
the Company Act.
Tatung Co. received the payment order confirmation certificate on
February 13, 2020. Tatung Co. will closely track the assets disposal and
bankruptcy progress, and timely pursue of recovery from CPT.
7.Any other matters that need to be specified: N/A
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Tatung Company published this content on 11 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2021 10:56:04 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.