Today's Information |
Provided by: Synnex Technology International Corp. | |||||
SEQ_NO | 13 | Date of announcement | 2022/08/04 | Time of announcement | 19:03:59 |
Subject | To announce on behalf of its subsidiary Synnex Mauritius Ltd that the BOD has resolved to sell 24.13% equity shares of Redington (India) Limited. | ||||
Date of events | 2022/08/04 | To which item it meets | paragraph 20 | ||
Statement | 1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.): Ordinary shares of Redington (India) Limited 2.Date of occurrence of the event:2022/08/04 3.Amount, unit price, and total monetary amount of the transaction: Amount: 188,591,880 shares; unit price:INR 122 (Reference Value); total amount of the transaction: INR 23,008,209,360 (Reference Value) 4.Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed): Synnex Technology International Corp.;Parent company 5.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer: Synnex Technology International Corp.;Parent company The transaction involves the group investment holding restructure of subsidiaries, which shall not have impact on shareholder's equity of Synnex Technology International Corp. 6.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction:NA 7.Matters related to the current disposal of creditors' rights (including types of collaterals of the disposed creditor's rights; if creditor's rights over a related party, announcement shall be made of the name of the related party and the book amount of the creditor's rights, currently being disposed of, over such related party):NA 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition):NA 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:Arrangement after Board resolution 10.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit: The transaction was decided by Board of Directors 11.Net worth per share of the Company's underlying securities acquired or disposed of:NA 12.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment: Current cumulatvie volume:188,591,880 shares Amount:INR 23,008,209,360 ; 24.13% No restriction of right. 13.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: 7.18% Current ratio to the shareholder's equity: 13.8% Operating capital:-NT$39,533,053,000 14.Broker and broker's fee:None 15.Concrete purpose or use of the acquisition or disposal: To improve the management effectiveness, the transaction involves the group investment holding restructure of subsidiaries, which shall not have impact on shareholder's equity of Synnex Technology International Corp. 16.Any dissenting opinions of directors to the present transaction:None 17.Whether the counterparty of the current transaction is a related party:Yes 18.Date of the board of directors resolution:2022/08/04 19.Date of ratification by supervisors or approval by the Audit Committee:2022/08/04 20.Whether the CPA issued an unreasonable opinion regarding the current transaction:No 21.Name of the CPA firm:JIANN TUOH & CO., C.P.A. 22.Name of the CPA:Wu, Yu-Chi 23.Practice certificate number of the CPA: North City Council Certificate No.1740 24.Whether the transaction involved in change of business model:None 25.Details on change of business model: The transaction involves the group investment holding restructure of subsidiaries, which shall not have impact on business model. 26.Details on transactions with the counterparty for the past year and the expected coming year:NA 27.Source of funds:NA 28.Any other matters that need to be specified: It is proposed to sell 24.13% equity shares of Redington (India) Limited who is an Indian associate held by Synnex Mauritius indirectly 100% owned by company. This transaction has no impact on the Company's financial business and shareholders' equity. |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Synnex Technology International Corporation published this content on 04 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 11:14:23 UTC.