Announcement of the execution order of the Shilin
District Court in Taiwan,the debtor shall perform its
execution order
Date of events
2022/02/14
To which item it meets
paragraph 2
Statement
1.Parties to the legal matter:
Debtor
Taiwan Fertilizer Co., Ltd.
Creditor
Dongzheng Investment Consulting Co., Ltd.
2.Name of the court or punishing agency of the legal matter:Taiwan Shilin
District Court
3.Reference/Case number of relevant documents of the legal matter:Academician
Qing 111 Si Zhi Quan Zhuang Zi No. 25.
4.Date of occurrence of the event:2022/02/14
5.Details of occurrence (including the matter under dispute):Taiwan Shilin
District Court:Creditor Dongzheng Investment Consulting Co., Ltd. and Debtor
Taiwan Fertilizer Co., Ltd.In the case of compulsory enforcement of
inter-company false disposition, the debtor shall comply with the provisions
in item 2 of the main text of the false disposition ruling of Taiwan High
Court 110 Yian Kang Zi No. 1365: "After the defendant provides a
guarantee of NT$165,640,000, it is prohibited for the counterparty to be
located in Taipei. The parking space in the basement of part of the land
at No. 12, Economic and Trade Section, Shinangang District, shall be handed
over to a third party for use, or for the act of lending or leasing.
6.Handling procedure:The company has filed a further protest against the
ruling of the Taiwan High Court in 110 Years Kang Zi No. 1365.
7.Impact on the Company's finance and business and projected amount:The
company is currently operating normally and has not caused significant
financial and business impact.
8.Countermeasures and improvement status:NO.
9.Any other matters that need to be specified:NO.
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Taiwan Fertilizer Co. Ltd. published this content on 14 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2022 11:12:04 UTC.
Taiwan Fertilizer Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of fertilizers, chemical products and electronic chemicals. Its fertilizer products include ammonium sulfates, calcium superphosphates, compound fertilizers, organic fertilizers, urea and potassium chlorides. Its chemical products include industrial urea, liquid ammonia, nitric acids and sulfuric acids. Its electronic chemicals include photo resist agents, strippers, purifiers, organic acids and others. In addition, the Company is also engaged in property development. The Company conducts its businesses in domestic and overseas markets.