>News>Subsidiary Announcement>Subsidiary of FENC-Yuan Tong Investment Co. Ltd. announces the acquisition of common shares of Oriental Union Chemical Corporation (OUCC)
Subsidiary of FENC-Yuan Tong Investment Co. Ltd. announces the acquisition of common shares of Oriental Union Chemical Corporation (OUCC)
From：
SEQ_NO
1
Date of announcement
2011/07/29
Time of announcement
18:15:05
Subject
Subsidiary of FENC-Yuan Tong Investment Co. Ltd.
announces the acquisition of common shares of
Oriental Union Chemical Corporation (OUCC)
Date of events
2011/07/29
To which item it meets
article 2 paragraph 20
Statement
1.Name of the securities:Common shares of OUCC
2.Trading date:2011/06/01~2011/07/29
3.Trading volume, unit price, and total monetary amount of the transaction:
. Trading volume:6,869,000 shares
. unit price:NT$44.30
. total monetary amount of the transaction:NT$304,297,847
4.Gain (or loss) (not applicable in case of acquisition of securities):N/A
5.Relationship with the underlying company of the trade:Equity-method investee
6.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):
. Current cumulative volume:7,308,360 shares
. amount:NT$305,641,367
. shareholding percentage of holdings:0.91%
. any restriction of rights:Nil
7.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 operational capital
as shown in the most recent financial statement:
. Current ratio of the total assets:68.38%
. Current ratio of shareholder's equity:68.59%
. Operational capital as shown in the most recent financial statement:
. NT$2,750,225,963
8.Concrete purpose/objective of the acquisition or disposal:
. To improve return on investment
9.Do the directors have any objections to the present transaction?:Nil
10.Any other matters that need to be specified:Nil
