Regarding the Economic Daily News “FENC’s AGM” on 2020/7/1
From：
SEQ_NO
1
Date of announcement
2020/07/02
Time of announcement
15:34:55
Subject
Regarding the Economic Daily News “FENC’s AGM” on 2020/7/1
Date of events
2020/07/02
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2020/07/02
2.Company name:Far Eastern New Century Corporation
3.Relationship with the Company (please enter ”the company itself” or ”subsidiaries”):The Company
4.Reciprocal shareholding percentage:N/A
5.Name of the reporting media:Economic Daily
6.Content of the report:
Revenue breakdown of FENC’s three major business segments:
33% in Production, 40% in Investments & 22% in Property Development.
7.Cause of occurrence:
To clarify the information published in C5 section by local press, Economic Daily, on 2020/7/1
8.Countermeasures:
(1)“Revenue” breakdown of the Company’s three major business segments published
by the Economic Daily should be revised as the “Total Consolidated Asset” allocation.
(2) Property Development of the total consolidated asset should be 27% instead of 22%.
9.Any other matters that need to be specified:NIL
