China Communications Media : Announced the Company’s Board of Directors acquiring securities through the subsidiary

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Provided by: China Communications Media Group Co., Ltd.
SEQ_NO	3	Date of announcement	2022/04/26	Time of announcement	15:39:15
Subject	Announced the Company's Board of Directors acquiring securities through the subsidiary
Date of events	2022/04/26	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.): I-Serve Technology and Vacation Sdn Bhd Company's equity on ordinary shares 2.Date of occurrence of the event:2022/04/26 3.Volume, unit price, and total monetary amount of the transaction: Acquired 34.4% equity of I-Serve Technology and Vacation Sdn Bhd with no more than US$5,000,000 4.Trading counterparty and its relationship to 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): Not applicable 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 value of transfer: Price per share Relationship Acquiring and number of Acquirer with the date shares acquired Company --------- --------------- ------------- -------------- A total of Goh Hwan Hua、 Where Goh Hwan 8,149,999 Mohd Khairi Hua & Agile 2017.08.30 shares with Bin Aseh、 Partners Ltd USD1.00 Bong Soon Heng、 are the directors per share Agile Partners Ltd of the Company 2019.03.31 A total of Capital increase None 71,685,085 by cash shares with USD0.2457 per share 6.Where an owner of the underlying assets within the past five years has been an 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 to the Company at the time of the transaction: Not applicable 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:Not applicable 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status of recognition shall be listed and explained):Not applicable 9.Terms of delivery or payment (including payment period and monetary value), restrictive covenants in the contract, and other important terms and conditions: Contract is expected to sign and payment is pending until it is passed in the Shareholders' Meeting dated Jun. 8 10.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making unit:Determined by the Board of Directors 11.Net worth per share of the Company's underlying securities acquired or disposed of:Not applicable 12.Cumulative no.of shares held (including the current transaction), their monetary value, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment:None 13.Ratio of securities investment (including the current transaction) to the total assets and shareholder's equity of the parent company on the latest financial statements, and the operating capital on the latest financial statements, as of the present moment: Percentage in the overall asset: 405.46% Equity shared by the owner of the Parent Company (%):1311.15% Total operating capital: NTD 10,974,000 14.Broker and broker's fee:Not applicable 15.Concrete purpose or use of the acquisition or disposal: Improve equity for growth of company 16.Whether the directors expressed any objection to the current transaction:None 17.Whether the counterparty of the current transaction is a related party:Yes 18.Date of the Board of Directors' resolution:2022/04/26 19.Date of ratification by supervisors or approval by the Audit Committee:2022/04/26 20.Whether the CPA issued an opinion on the unreasonableness regarding the current transaction:Yes 21.Name of the CPA firm:Chihjing Accounting Firm 22.Name of the CPA:Chiang, Chi-Feng, Certified Public Accountant 23.License no.of the CPA:103) Chuan-Kao-Huei-Tzi No.000050 24.Any other matters that need to be specified:None