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.):MaiStorage Technology Sdn. Bhd. (Tentative Name)
shares
2.Date of occurrence of the event:2024/05/10
3.Volume, unit price, and total monetary amount of the transaction:
Volume: 100,000,000 shares
Unit price: Malaysian Ringgit RM $1
Total monetary amount: Malaysian Ringgit RM $100,000,000 (equivalent to
approximately NTD $649,600,000)
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):
Newly established company is 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:NA
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:NA
7.Matters related to the current disposal of creditors
rights (including types of collaterals of the disposed
creditors rights; if creditors 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:NA
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):NA
9.Terms of delivery or payment (including payment period
and monetary value), restrictive covenants in the contract,
and other important terms and conditions:
Terms of delivery or payment: Payment of share capital will be based on the
establishment schedule of MaiStorage Technology Sdn. Bhd. (Tentative Name)
Restrictive covenants in the contract and other important terms and
conditions: None
10.The manner in which the current transaction was
decided, the reference basis for the decision on price,
and the decision-making unit:
Resolution of Phison board of directors
11.Net worth per share of the Companys underlying securities
acquired or disposed of:NA
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:
Cumulative no. of shares held: 100,000,000 shares
Cumulative monetary amount: RM $100,000,000 (equivalent to approximately
NTD $649,600,000)
Cumulative shareholding percentage: 100%
Status of any restriction of rights: None
13.Ratio of securities investment (including the current
transaction) to the total assets and shareholders equity
of the parent company on the latest financial statements,
and the operating capital on the latest financial statements,
as of the present moment:
Ratio of Phisons securities investment (including the current transaction)
to the total assets on the latest audited Parent Company Only Financial
Statements: 16.53%
Ratio of Phisons securities investment (including the current transaction)
to the shareholders equity of the parent company on the latest reviewed
Consolidated Financial Statements: 22.87%
The operating capital on the latest audited Parent Company Only Financial
Statements: NT$26,145,110 thousands
14.Broker and brokers fee:None
15.Concrete purpose or use of the acquisition or disposal:
Phison groups business development needs, and to expand
the sales territory
16.Whether the directors expressed any objection to the current
transaction:None
17.Whether the counterparty of the current transaction
is a related party:No
18.Date of the Board of Directors resolution:2024/05/10
19.Date of ratification by supervisors or approval by
the Audit Committee:2024/05/10
20.Whether the CPA issued an opinion on the unreasonableness
regarding the current transaction:NA
21.Name of the CPA firm:NA
22.Name of the CPA:NA
23.License no.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:Own Capital
28.Any other matters that need to be specified:
After Phison completes the establishment of the Taiwan subsidiary,
Great Storage Investment Corporation (Tentative Name),then Great Storage
Investment Corporation will invest in the establishment of a new Malaysia
subsidiary, MaiStorage Technology Sdn. Bhd. (Tentative Name) |