News News
04 Aug 2023
Press Release
Disposal of securities, Taiwan Tea Corporation ,announced by CMFC.

Material Information (1718 CMFC)

SEQ_NO

 1

Date of announcement

 2023/08/04

Time of announcement

 18:26:35

Subject

 Disposal of securities, Taiwan Tea Corporation

,announced by CMFC.

Date of events

  2023/08/04

To which item it meets

paragraph 20

Statement

 

1.Name of the securities: Taiwan Tea Corporation

2.Trading date:2023/08/04

3.Amount, unit price, and total monetary amount of the transaction:

(1)Disposed volume(Unit) : 12,230,000

(2)Disposed unit price (NT$ ) : 27.82

(3)Total disposed amount (NT$ ) : 340,247,849

4.Gain (or loss) through disposal (not applicable in case of acquisition of

securities):Gain NT$116,561,149

5.Relationship with the underlying company of the trade:

Non-related party

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):

Current cumulative volume:7,900,000

Monetary amount:NT$144,491,000

Shareholding percentage of cumulative holdings of the

securities being traded:1%

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:56.93%,29.51%,NT-5,039,054,000

8.Concrete purpose of the acquisition or disposal:To create

working capital

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:N/A

12.Date of the board of directors resolution:2023/08/02

13.Date of ratification by supervisors or approval by

the audit committee:2023/08/02

14.Any other matters that need to be specified:None

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