What transaction did Primax conduct this time?

It was an internal transaction where the subsidiary Tymphany Worldwide Enterprises acquired 100% of the shares of Tymphany Acoustic Technology from a Hong Kong-based sub-subsidiary.

Why was this transaction necessary?

To adjust the investment structure, review capital allocation plans, and make the group's value chain more flexible and secure.

How was the price for this transaction determined?

The price was determined based on a reasonableness opinion provided by an accountant.

[Primax] Subsidiary Tymphany Worldwide Enterprises announces the acquisition of 100% equity of Tymphany Acoustic Technology from sub-subsidiary

Published Jun 4, 2026 9:00 AM ・ Updated Jun 14, 2026 9:05 AM ・ 4 min read ・ Source: PR Times

Primax Electronics' subsidiary, Tymphany Worldwide Enterprises, has acquired 100% of the shares of Tymphany Acoustic Technology from its sub-subsidiary as part of an internal group restructuring to optimize investment structure and capital allocation.

1. Name and Nature of the Subject: 100% equity of Tymphany Acoustic Technology Co., Ltd. 2. Date of Event: June 4, 115 (Republic of China calendar) 3. Date of Board Approval: June 4, 115 4. Other Approval Date: Not applicable 5. Transaction Quantity, Unit Price, and Total Amount: Quantity: 5,000,000 shares; Unit Price: NT$104.11; Total Amount: NT$520,563,642 6. Counterparty and Relationship: Hong Kong Tymphany Acoustic Technology Co., Ltd., a sub-subsidiary of Tymphany Worldwide Enterprises Ltd. 7. Reasons for Related Party Transaction and Previous Transfer: Adjustment of the overall investment structure of the Tymphany Group and capital planning. Previous transfer: Not applicable. 8. Ownership Transfer within the Last 5 Years: None 9. Matters Related to Disposal of Receivables: Not applicable 10. Gain or Loss on Disposal: Not applicable 11. Payment Terms: According to the contract 12. Method of Decision and Basis for Pricing: Reasonableness opinion issued by an accountant. Decision-making body: Board of Directors of Tymphany Worldwide Enterprises Ltd. 13. Net Asset Value per Share of the Subject: NT$104.11 14. Cumulative Holding Status: 100% equity; Total amount NT$520,563,642; No restrictions 15. Ratio to Total Assets/Net Worth: Ratio to total assets: 1.16%; Ratio to equity attributable to owners of the parent: 2.39%; Working capital: NT$-3,825,618 thousand 16. Brokerage Fees: Not applicable 17. Purpose of Acquisition: To conduct more flexible and secure operations and value chain adjustments 18. Dissenting Opinions of Directors: None 19. Related Party Transaction: Yes 20. Audit Committee Approval Date: Not applicable, approved by the Board of Directors 21. Non-reasonableness Opinion from Accountant: No 22. Accounting Firm: Qianxiang Yaofan Joint Accounting Firm 23. Accountant Name: Yen Chia-Liang 24. License Number: Beishi Huizheng No. 4570 25. Change in Business Model: No 26. Explanation: Not applicable 27. Transactions with Counterparty in the Past/Next Year: Not applicable 28. Source of Funds: Not applicable 29. Date of Previous Major Message: Not applicable 30. Other Remarks: None

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Source: PR Times
Category: News
Organizations: Tymphany Worldwide Enterprises Ltd.

[Primax] Subsidiary Tymphany Worldwide Enterprises announces the acquisition of 100% equity of Tymphany Acoustic Technology from sub-subsidiary

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