Subsidiary Hon Yuan disposal Fitipower Shares
Subject:(Supplementary Announcement of 2023/3/24) Subsidiary Hon Yuan International Investment Co.,Ltd. To disposal Fitipower Integrated Technology Inc. Shares
Contents:
1.Name of the securities:
Fitipower Integrated Technology Inc. common shares
2.Trading date:2023/03/24~2024/05/14
3.Amount, unit price, and total monetary amount of the transaction:
Amount:1,919,500 (Number of shares before and after reduction with disposal subject)
Unit price: Average of NTD180.6 per share
Total monetary amount of the transaction:NTD346,634,750
4.Gain (or loss) through disposal (not applicable in case of acquisition of securities):
The realized gains for the transaction from 2023/3/24 to 2024/5/14 is NTD209,256, 720. The amount of NTD209,036,297 was recognized as gain on disposal of investments and NTD220,423 was recognized as Retained Earnings in 2024.
5.Relationship with the underlying company of the trade:None
6.Current cumulative amount held, monetary amount, and shareholding percentage of cumulative holdings of the securities being traded (including the current trade), and status of any restriction of rights (e.g.pledges):
942,500 shares(The capital reduction of the subject matter of disposal has been reflected)；
NTD 245,992,500；
approximately 0.78%；
restriction of rights: None
7.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present:
Ratio to total assets:0.10%, to shareholder's equity:0.24%
Operating Capital:NTD-241,579,000
8.Concrete purpose of the acquisition or disposal: Investment Realization
9.Any dissenting opinions of directors to the present transaction: None
10.Whether the counterparty of the current transaction is a related party: NA
11.Trading counterparty and its relationship with the Company: None
12.Date of the board of directors resolution: NA
13.Date of ratification by supervisors or approval by the audit committee: NA
14.Any other matters that need to be specified:
Transaction fees, transaction tax shall be paid separately.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 7 minutes ago Kainos Group
- 1 hour ago Avon Technologies plc
- 1 hour ago TBC Bank Group
- 2 hours ago Moneysupermarket.com Group
- 2 hours ago Dr. Martens