Winson Defaults on Settlement of NT$12.07 Million, 9th Case to Meet Disclosure Threshold This Year

Central News Agency Report (Reporter: He Xiu-Ling, Taipei, June 12)

The GreTai Securities Market (TPEx) announced today that semiconductor probe card and testing equipment manufacturer Winson has defaulted on settlement, with a total default amount of NT$12.07 million. This marks the 9th case this year on TPEx to meet the information disclosure threshold for stock settlement defaults.

According to TPEx's announcement today, the default case involving Winson was reported by SinoPac Winsion Securities, with the default amount totaling NT$12.07 million.

Under Taiwan's stock market 'T+2' settlement system, investors must complete settlement on the second business day following a trade. Failure to fulfill settlement obligations, coupled with default amounts exceeding a certain threshold, triggers mandatory public disclosure by the exchange or TPEx.

Reviewing the eight previous TPEx cases this year that met the disclosure threshold: on January 15, Uni-KY defaulted by NT$10.72 million; on April 14, United Biomedical defaulted by NT$68.89 million; on April 21, Jinju defaulted by NT$110.83 million, followed by an additional NT$23.44 million on April 22; on April 27, Win Semiconductors defaulted by NT$96.69 million and Insyde by NT$32.84 million; on April 28, Win Semiconductors reported an additional default of NT$86.69 million; and on June 9, Phison completed a default settlement of NT$22.84 million and NT$200. (Editor: Yang Kai-Xiang) 1150612