Today's Information |
Provided by: Chailease Holding Company Limited | |||||
SEQ_NO | 1 | Date of announcement | 2022/06/27 | Time of announcement | 16:14:16 |
Subject | The company announces for its subsidiary CFC of disposal of CFC's qualified financial assets within the limit agreed in CFC's 2019 FASP. | ||||
Date of events | 2022/06/27 | 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.):The qualified creditor's rights regarding the installment sale in the Special Purpose Trust Agreement (2019 Financial Assets Securitization Plan, aka FASP). 2.Date of occurrence of the event:2022/06/27 3.Amount, unit price, and total monetary amount of the transaction: Sums of 68 qualified creditor's rights arising out of the installment sale with total amount of NT$535,870,583. 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): Counterpart:Land Bank of Taiwan Relationship to CFC:No 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:NA 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):Partial aforementioned creditor's rights are transferred with attached security interests and benefits, e.g. chattel mortgage, junior lien on real estate within a specified maximum amount and performance deposits…etc. 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition):None 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: The Trustee shall make a lump sum payment to CFC upon the completion of the transfer of the aforementioned creditor's right. However, CFC shall be responsible of repurchasing the unqualified creditor's rights if the transferred creditor's right shall be found unqualified according to the terms and conditions stipulated in Special Purpose Trust Agreement. 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:NA 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:NA 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:NA 14.Broker and broker's fee:None 15.Concrete purpose or use of the acquisition or disposal:To effectively diversify its funding sources and to revitalize financial assets, CFC may, according to the Special Purpose Trust Agreement, conduct a transfer within the specified period for circulatory transfer of qualified creditor's right to the Trustee on the regular basis. 16.Any dissenting opinions of directors to the present transaction:NA 17.Whether the counterparty of the current transaction is a related party:NA 18.Date of the board of directors resolution:NA 19.Date of ratification by supervisors or approval by the Audit Committee:NA 20.Whether the CPA issued an unreasonable opinion regarding the current transaction:NA 21.Name of the CPA firm:NA 22.Name of the CPA:NA 23.Practice certificate number of the CPA:NA 24.Whether the transaction involved in change of business model:No 25.Details on change of business model:NA 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:None |
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Chailease Holding Company Ltd. published this content on 27 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2022 11:24:05 UTC.