OUCC - Oriental Union Chemical Corp.

05/09/2024 | Press release | Distributed by Public on 05/09/2024 02:14

OUCC Announces on Behalf of Subsidiary Tong Fu Investment Corporation Regarding Securities Disposal

Close
Today's Information

Provided by: ORIENTAL UNION CHEMICAL CORP.
SEQ_NO 1 Date of announcement 2024/05/09 Time of announcement 16:10:46
Subject
 OUCC Announces on Behalf of Subsidiary Tong Fu
Investment Corporation Regarding Securities Disposal
Date of events 2024/05/09 To which item it meets paragraph 20
Statement
1.Name of the securities: Far Eastern Int'l Bank
2.Trading date:2024/01/24~2024/05/09
3.Amount, unit price, and total monetary amount of the transaction:
Transaction amount: 22,561,214 shares
Unit price per share: NT$13.56
Total monetary amount: NT$305,942,174
4.Gain (or loss) through disposal (not applicable in case of acquisition of
securities): total gain NT$69,723,711
5.Relationship with the underlying company of the trade:
Both companies share the same Chairman
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):
Cumulative amount: 12,200,000 shares
Cumulative monetary amount: NT$127,073,585
Percentage of cumulative shareholding: 0.3%
Status of any restriction of rights: Nil
7.Current ratio of securities investment (including the current trade, as
listed in article 3 of Regulations Governing the Acquisition and Disposal of
Assets by Public Companies) to the total assets and equity attributable to
owners of the parent as shown in the most recent financial statement and
working capital as shown in the most recent financial statement as of the
present:
Current ratio of securities investment to the total assets and equity of the
owner shown in the most recent financial statement: 87.7%
Current equity ratio attributable to the parent company: 16.1%
Working capital amount: NT$-248,744,275
8.Concrete purpose of the acquisition or disposal: Financial Investment
9.Any dissenting opinions of directors to the present transaction: N/A
10.Whether the counterparty of the current transaction is a related party: No
11.Trading counterparty and its relationship with the Company: Nil
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: Nil