Release Date: July 28, 115 Statement Date: July 27, 115 Statement Time: 17:35:14 Company Code: 1718 Company Name: Chung Suen Subject: Announcement of Cumulative Disposal of the Same Securities Exceeding NT$300 Million Within One Year Applicable Clause: Clause 20 Factual Date: July 27, 115

1. Security Name: Ordinary Shares of Taichung Commercial Bank Co., Ltd.

2. Transaction Date: July 22, 115 – July 27, 115

3. Board Approval Date: July 14, 115

4. Other Approval Dates: Not applicable

5. Transaction Quantity, Unit Price, and Total Amount: Quantity: 15,893,000 shares Unit Price: Approximately NT$20.43 Total Amount: NT$324,641,445

6. Gain (or Loss) from Disposal (not applicable for acquisition): NT$71,597,676

7. Relationship with the Target Company: Taichung Commercial Bank Co., Ltd. is an equity-method investee of the company.

8. Cumulative Holdings (including this transaction) to Date: Chung Suen: 1,243,725,406 shares, NT$19,802,238,203, 20.65%, with 602,060,000 shares pledged Pan Ya: 306,083,463 shares, NT$4,880,640,361, 5.08%, no pledge De Xing Investment: 17,650,648 shares, NT$289,332,542, 0.29%, with 4,500,000 shares pledged Chiu Chin Industrial: 10,354,498 shares, NT$207,607,685, 0.17%, with 9,175,000 shares pledged

9. Ratio of Securities Investment (including this transaction) under Article 3 of the 'Asset Acquisition and Disposal Rules for Publicly Issued Companies' to Total Assets and Equity Attributable to Owners of Parent in the Latest Financial Statements, and Working Capital: To Total Assets: 70.03% To Shareholders' Equity: 125.79% Working Capital: NT$-7,182,603,000

10. Specific Purpose of Acquisition or Disposal: Asset allocation and enhancement of capital utilization efficiency

11. Dissenting Director's Opinion on This Transaction: None

12. Related-Party Transaction: No

13. Counterparty and Relationship with the Company: Not applicable

14. Date of Supervisor Approval or Audit Committee Consent: July 14, 115

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