1. Parties involved in the legal case: Chairman Lin Rong-De
2. Court or administrative authority handling the case: Taiwan New Taipei District Court
3. Case number of the legal document: Case No. 114 Jin-Su-000433
4. Date of incident: July 31, 115
5. Background of the incident (including subject of litigation): The case involving the company's chairman suspected of violating the Securities and Exchange Act has received a criminal judgment from the Taiwan New Taipei District Court. The judgment, excerpted from the Judicial Yuan's Main Text Announcement Inquiry System, is as follows:
Lin Rong-De, as the responsible person for the legal entity's conduct, jointly committed the crime of false public announcement under Article 171, Paragraph 1, Item 1 of the Securities and Exchange Act, and is sentenced to two years of imprisonment, suspended for five years, and required to pay NT$20 million to the public treasury.
6. Handling process: The company became aware of the judgment on July 31, 115, via the Judicial Yuan's Main Text Announcement Inquiry System. After receiving the official judgment document, the company will consult with legal counsel to determine subsequent actions.
7. Impact on company's financial and business operations and estimated financial impact: The company's operations remain normal, and there is no significant impact on its financial or business status.
8. Response measures and improvements: As the official judgment document has not yet been received, the specific reasoning behind the judgment is currently unknown. Upon receipt, the company will consult with legal counsel to determine next steps.
9. Other matters to be disclosed: None.
Keywords: Material Information
FACT BOX
- Source: PR Times
- Category: News