Today's Information |
Provided by: Hannstar Display Corp. | |||||
SEQ_NO | 8 | Date of announcement | 2022/02/24 | Time of announcement | 15:40:52 |
Subject | The company and its 100%-owned subsidiaries intend to acquire common shares of Coretronic Corporation | ||||
Date of events | 2023/02/24 | To which item it meets | paragraph 20 | ||
Statement | 1.Name of the securities:Coretronic Corporation common shares 2.Trading date:2022/02/25~2023/02/24 3.Amount, unit price, and total monetary amount of the transaction: The total transaction amount is planned to be no more than NT$2.5 billion, depending on the market price to determine the purchase quantity and the actual total amount. 4.Gain (or loss) through disposal (not applicable in case of acquisition of securities):NA 5.Relationship with the underlying company of the trade: Not Related parties. 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): As of February 24, 2022,the Company,subsidiary Huali Investment Co.,Ltd., subsidiary Hannshine Investment Co.,Ltd.and subsidiary Hanns Prosper Investment Co.,Ltd.: Cumulative amount held: 16,395 thousand shares, 11,900 thousand shares, 5,050 thousand shares and 4,920 thousand shares. Cumulative monetary amount:NTD 1,315,010 thousand,NTD 633,214 thousand, NTD 296,086 thousand and NTD 296,409 thousand. Cumulative shareholding percentage:4.19%, 3.04%, 1.29% and 1.26%. Status of any restriction of rights: None The circumstances of the proposed acquisition of securities will depend on the market price to determine the purchase quantity and the actual total amount. 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: The company,subsidiary Huali Investment Co., Ltd.,subsidiary Hannshine Investment Co.,Ltd.and subsidiary Hanns Prosper Investment Co.,Ltd. (including the current trade): Total ratio of investment to the total assets:52.54% Total ratio of investment to shareholder's equity:60.79% Operational capital:NT12,631,964 thousand 8.Concrete purpose of the acquisition or disposal: Based on financial investment and future strategic development considerations 9.Any dissenting opinions of directors to the present transaction:None 10.Whether the counterparty of the current transaction is a related party: None 11.Trading counterparty and its relationship with the Company:NA 12.Date of the board of directors resolution:2022/02/24 13.Date of ratification by supervisors or approval by the audit committee:2022/02/23 14.Any other matters that need to be specified:None |
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Hannstar Display Corporation published this content on 24 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 07:51:03 UTC.