Release Date: August 8, 2026 Statement Date: August 7, 2026 Statement Time: 15:45:32 Company Code: 1225 Company Name: Fumao Oils Subject: Company Received Criminal Ruling from Taiwan Taichung District Court Applicable Clause: Item 2 Event Date: August 7, 2026
Details: 1. Party Involved in Legal Case: Fumao Edible Oil Co., Ltd. 2. Court or Authority Name: Taiwan Taichung District Court 3. Case Number of Related Document: 115 Sheng K'ou No. 38 4. Event Date: 08/07/115 (August 7, 2026) 5. Background of Incident (including subject of litigation): On August 7, 2026, the company received a criminal preservation seizure order from the Taiwan Taichung District Court. The ruling alleges that certain personnel of the company were involved in a case concerning violations of the Food Safety and Sanitation Management Act, resulting in financial benefits to the company. To preserve the possibility of confiscating or recovering illegal proceeds, the court deemed it necessary to seize company assets. Specifically, the land located at Lot No. 283, Fujhi Section, Dadu District, Taichung City, is seized within the amount of New Taiwan Dollars 30,974,644. 6. Handling Process: Being processed in accordance with the court's ruling. 7. Impact on Company’s Financial and Business Operations and Estimated Amount of Impact: The company's operations remain normal. 8. Response Measures and Improvement Status: The company has reservations regarding the seizure and will file an appeal through legal channels. 9. Other Matters to be Disclosed: If the entity involved is a publicly issued company or above, this significant information also meets the criteria under Article 7, Paragraph 2 of the Enforcement Rules of the Securities Trading Act, which defines matters having significant impact on shareholders’ rights or securities prices. However, there are currently no additional items to disclose.
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- Source: PR Times
- Category: News