| Subject |
Yuan-Ding Co., Ltd., the subsidiary of FENC,
announced its BOD resolved to invest in Far Eastern
Electronic Commerce Co., Ltd.
|
| Statement |
1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield):
Common shares of Far Eastern Electronic Commerce Co., Ltd.
2.Date of occurrence of the event:2017/04/20
3.Volume, unit price, and total monetary amount of the transaction:
32,776,560 shares / NT$ 10 per share / Total amount NT$ 327,765,600
4.Counterpart to the trade and its relationship to the Company (if the trading counterpart is a natural person and furthermore is not an actual
related party of the Company, the name of the trading counterpart is not required to be disclosed):
Far Eastern Electronic Commerce Co., Ltd. Equity method investee
5.Where the counterpart to the trade is an actual related party, a public announcement shall also be made of the reason for choosing the related party
as trading counterpart and the identity of the previous owner (including its relationship with the company and the trading counterpart), price of
transfer, and date of acquisition:
Capital injection;NIL
6.Where a person who owned the property within the past five years has been an actual related person of the company, a public announcement shall also
include the dates and prices of acquisition and disposal by the related person and the person’s relationship to the company at those times:NIL
7.Matters related to the creditor's rights currently being disposed of (including types of collateral of the disposed creditor's rights; if the
creditor's rights are creditor's rights toward a related person, the name of the related person and the book amount of the creditor's rights toward
such related person currently being disposed of must also be announced):N.A.
8.Anticipated profit or loss from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status or
recognition shall be stated and explained):N.A.
9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important
stipulations:Cash / NIL / NIL
10.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:
Capital injection / Capital injection / The BOD
11.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of
any restriction of rights (e.g.pledges):
56,689,560 shares / NT$ 616,895,600 / 54.48% / NIL
12.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the
most recent financial statement and the operating capital as shown in the most recent financial statement:
1.10% / 1.64% / NT$ 7,986,779,000
13.Broker and broker's fee:N.A.
14.Concrete purpose or use of the acquisition or disposal: To increase investment.
15.Net worth per share of the underlying securities acquired or disposed of:NT$ -11.12 per share
16.Do the directors have any objection to the present transaction?:NIL
17.Has the CPA issued an opinion on the unreasonableness of the price of the current transaction?:NIL
18.Any other matters that need to be specified:NIL
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