Cayman Tung Ling Co. Ltd.

05/17/2022 | Press release | Distributed by Public on 05/17/2022 04:32

Announce the company pursuant to the TPEx rules placed the TPEx listed securities under an altered trading method.

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Provided by: Cayman Tung Ling Co., Limited
SEQ_NO 2 Date of announcement 2022/05/17 Time of announcement 18:29:22
Subject
 Announce the company pursuant to the TPEx
rules placed the TPEx listed securities under
an altered trading method.
Date of events 2022/05/17 To which item it meets paragraph 1
Statement
1.Date of injunction announcement by Taipei Exchange:2022/05/17
2.Clauses of Taipei Exchange Rules Governing Securities
 Trading on the TPEx referenced and reason for injunction
announcement by Taiwan Stock Exchange:
(1)Subparagraph 1, Paragraph 1, Article 12 of Taipei Exchange Rules
   Governing Securities Trading on the TPEx.
(2)Cause of occurrence:The company's 2022Q1 consolidated
   financial report indicated that net worth less than
   one-half of its share capital.
3.Handling result (Please enter "Altered trading method",
"trading suspension, or "delisting"):
 Alteration of trading method
4.Starting date for altered trading method, trading suspension
 or delisting of shares (merged case):2022/05/19
5.Countermeasures:None.
6.Any other matters that need to be specified:None.
7.(Risk Warning) Securities will be delisted after trading
is altered and supplementation or improvement cannot be
achieved within three years, leading to trading suspension,
and supplementation or improvement is not made within six
months from trading suspension.Investors should be aware
of the potential investment risk.:
within 6 months after the securities were
suspended of trading, listed securities may be
delisted.Investors should be aware of the
potential investment risk:None.