Regarding the Economic Daily News “FENC’s US revenue” on 2018/3/22
From：
SEQ_NO
1
Date of announcement
2018/03/22
Time of announcement
13:46:44
Subject
Regarding the Economic Daily News “FENC’s US revenue” on 2018/3/22
Date of events
2018/03/22
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2018/03/22
2.Company name:Far Eastern New Century Corporation
3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):The Company
4.Reciprocal shareholding ratios:N/A
5.Name of the reporting media:Economic Daily
6.Content of the report: Presumably annual PTA & PET production will contribute FENC US$ 350 million & US$ 864 million, respectively.
7.Cause of occurrence: To clarify the information published by local press, Economic Daily, on 2018/3/22
8.Countermeasures:
(1)In accordance with the regulation, the Company has released the material information regarding the newly formed joint venture.
(2)The Company does not provide any financial forecast and the revenue growth is estimated by the media.
9.Any other matters that need to be specified:NIL
