Date of announcement 2015/06/29
Time of announcement 18:49:30
Date of events 2015/06/29
To which item it meets paragraph 20
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 Pacific City Company
Limited.
2.Date of occurrence of the event:2015/06/29
3.Volume, unit price, and total monetary amount of the transaction:
Volume:22,500,000 common shares
Unit Price:About NTD$ 8.14
Total monetary amount of the transaction:About NTD$ 183.15 million
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):
Counterpart:the trading counterpart is a natural person,
and not an actual related party of CDIB
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:N/A
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:N/A
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):
Anticipated profit is about NTD$ 42.525 million.
9.Terms of delivery or payment (including payment period and
monetary amount), restrictive covenants in the contract, and
other important stipulations:According to the Purchase
Agreement between CDIB and the buyer.
10.The manner in which the current transaction was decided, the
reference basis for the decision on price, and the decision-making
department: The manner in which the current transaction
was decided, the reference basis for the decision on
price: According to the Purchase Agreement between CDIB
and the buyer.
The decision-making department: The transaction is
approved by the Board of CDIB.
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):
Cumulative volume:0
Cumulative amount:0
Shareholding percentage:0%
Status of any restriction of rights:N/A
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:
Current ratio of long or short term securities investment
(including the current trade) to the total assets in the
most recent financial statement:81.99%
Current ratio of long or short term securities investment
(including the current trade) to the shareholder's equity
in the most recent financial statement:92.00%
The operating capital as shown in the most recent
financial statement:N/A
13.Broker and broker's fee:N/A
14.Concrete purpose or use of the acquisition or disposal:
For the needs of investment portfolio expansion
15.Net worth per share of the underlying securities acquired
or disposed of:NTD$5.75
16.Do the directors have any objection to the present transaction?:NO
17.Has the CPA issued an opinion on the unreasonableness of the price
of the current transaction?:NO
18.Any other matters that need to be specified:To update the
material announcement as of May 27,2013, the original
material announcement to dispose of the core Pacific City
Corporation common stock, the final due (the sixth)of
NT$ 166.5 million on June 30,2015 is extended for a year,
and the interest rate is raised from 8% to 10%, since the
interest is directly credited into the transaction price,
the transaction amount will be totalled approximately
NTD$ 183.15 million.