Supplement announcement Tatung Company BOD
approves to increase shareholding to Elitegroup
Computer Systems Co., Ltd.
Date of events
2022/08/10
To which item it meets
paragraph 20
Statement
1.Name of the securities:Elitegroup Computer Systems Co., Ltd.
2.Trading date:2021/08/11~2022/08/10
3.Amount, unit price, and total monetary amount of the transaction:
Volume: 18,354,000shares
Unit price: NTD22.23
Total amount:NTD 408,016 thousand.
4.Gain (or loss) through disposal (not applicable in case of acquisition of
securities):NA
5.Relationship with the underlying company of the trade:
Elitegroup Computer Systems Co., Ltd. is an investee company of Tatung Co.
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 held Volume:170,829,397 shares
Shareholding percentage:30.65%
Any restriction of rights:Pledges 116,620,000 shares
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 to the total assets: 74.03%
Current ratio shareholder's equity: 140.50%
The operating capital: NTD 4,341,079 thousand.
8.Concrete purpose of the acquisition or disposal:Long-term investment.
9.Any dissenting opinions of directors to the present transaction:
None.
10.Whether the counterparty of the current transaction is a related party:
NO
11.Trading counterparty and its relationship with the Company:NA
12.Date of the board of directors resolution:2021/08/11
13.Date of ratification by supervisors or approval by
the audit committee:2021/08/10
14.Any other matters that need to be specified:None
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Tatung Company published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 06:23:13 UTC.
Tatung Co is a Taiwan-based company mainly engaged in the manufacture and sale of electronic and electrical products. The Company operates through four segments. The Optical segment is engaged in the development, manufacture and sale of thin-film transistor (TFT) large-size panels, small and medium-sized panels such as smartphones, tablet computers, car panels and touch panels. The Mechanical and Electrical Energy segment is engaged in the development, manufacture and sale of smart grids, smart meters, solar photovoltaics, light-emitting diode lighting, motors, electromechanical and energy management systems. The Consumer Products segment is engaged in the development, manufacture and sale of digital TVs, flat panel displays, digital media equipment, digital audio-visual, and home appliance products. The Other segment is engaged in other businesses.