1. Security Name: Shares of CONCENTRIX CORP. (CNXC)

2. Transaction Date: 7/24/115 ~ 7/24/115

3. Board Approval Date: July 24, 115

4. Other Approval Dates: Not applicable

5. Transaction Quantity, Unit Price, and Total Amount: The board approved the disposal of up to 1,050,000 shares.

6. Gain (or Loss) on Disposal (not applicable for acquisition of securities): The disposal involves financial assets measured at fair value through other comprehensive income. The result will be recorded under equity in the balance sheet and will not affect the company's profit.

7. Relationship with the Target Company: None

8. Cumulative Holdings (including this transaction) to Date: Will be announced after transaction completion

9. Proportion of securities investments (including this transaction) under Article 3 of the 'Asset Acquisition and Disposal Rules for Publicly Issued Companies' relative to total assets and equity in the latest financial statements, and amount of working capital: Will be announced after transaction completion

10. Specific Purpose of Acquisition or Disposal: To strengthen operating funds

11. Dissenting Director Opinions on this Transaction: None

12. Whether this Transaction is a Related-Party Transaction: No

13. Counterparty and Relationship with the Company: Not applicable

14. Date of Supervisor Approval or Audit Committee Consent: Not applicable

15. Previous Date of Material Information Disclosure on the Same Event: Not applicable

16. Other Explanatory Matters: None

FACT BOX

  • Source: PR Times
  • Category: News
  • Organizations: CONCENTRIX CORP. / PEER DEVELOPMENTS LTD.