05/13/2022 | Press release | Distributed by Public on 05/13/2022 04:10
Today's Information |
Provided by: ZENITRON CORPORATION | |||||
SEQ_NO | 3 | Date of announcement | 2022/05/13 | Time of announcement | 18:00:25 |
Subject |
Zenitron Board of Directors approved the adjustment of overseas investment structure |
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Date of events | 2022/05/13 | To which item it meets | paragraph 51 | ||
Statement |
1.Date of occurrence of the event:2022/05/13 2.Company name:ZENITRON CORPORATION 3.Relationship to the Company (please enter "head office" or "subsidiaries"):head office 4.Reciprocal shareholding ratios:Not applicable 5.Cause of occurrence: In consideration of the tax management,the company is proposed to adjust its overseas investment structure. 1.The Company currently holds 100% of the shares of Supertronic International Corp.("Supertronic") and Supertronic holds 98.53% of the shares of Zenitron (HK) Limited("Zenitron (HK)"). The Company is desirous to directly hold 100% of the shares of Zenitron (HK), which is currently 98.53% held by Supertronic. 2.Zenicom Corporation is desirous to directly hold 100% of the shares of Zenicom (HK) Limited,which is currently 100% held by Supertronic. 6.Countermeasures:Not applicable 7.Any other matters that need to be specified: (1)Since the adjusted targets of the investment structure are all subsidiaries of the group, it has no impact on the company's overall consolidated profit and loss and shareholders' equity. (2)This case authorizes the chairman to handle related adjustments and changes. |