The name and nature of the underlying (in the case of preferred shares, the agreed conditions of issuance of preferred shares, such as dividend rate, etc.)
YORKEY OPTICAL INTERNATIONAL (CAYMAN) LTD. Common shares, (hereinafter referred to as "YORKEY")
Date
2021/10/15 – 2021/10/15
Number of transactions, price per unit and total transaction amount
Number of transactions: 143,817,000 unit
Price per unit: HK$0.88
Total transaction amount: HK$126,558,960 which is equal to NT$452,574,841.
The transaction counterparty and its relationship with the company (if the counterparty is a natural person and is not a related party of the company
(The name of the counterparty is not required to be disclosed if the counterparty is a natural person and is not a related party of the company)
Transaction counterparty: Asia Optical International Ltd.
The relationship of the counterparty with the company: None
If the transaction counter party is a related to the company, the company shall announce the reasons for selecting the related party as the transaction counter party, the transaction counter party of the previous transactions, the relationship between the owners of the previous transfers with the company and the transaction counter party, the date of the previous transfer and the amount of the transfer
None
If the owner of the subject of the transaction has been a related party of the company within the last five years, the date of acquisition and disposal of the related party, the price and the relationship with the company at the time of the transaction should also be announced.
The date of acquisition and disposal, the price and the relationship with the company at the time of the transaction
None
Matters relating to the present disposition of debt (including the type of collateral in related to the disposition and the disposition of the debt)
If debe belonging to any related person of the company, the name of the related party and the debt carrying amount of the related person regarding to this disposition, if any, must be announced
None
Gain (or loss) on disposal (not applicable to acquisition of marketable securities) (previously deferred should be tabulated to indicate the circumstances of recognition)
No gain or loss on the disposal of this holding account will be recognized, but the financial assets measured at fair value through other comprehensive income or loss. The total transaction amount is of approximately NT$452,575,000, which will increase shareholders' equity by NT$200,573,000 in evaluated to the carrying amount of NT$252,002,000 which is the market value dated Sep. 30, 2021. The transaction will generate cash for working capital and increase the net worth of Ability at NT$0.697 per share.
Conditions of delivery or payment (including the period and amount of payment), lease restrictions and other material covenants matters
Delivery shall be subject to completion of the privatization process.
The manner in which the transaction was determined, the basis for determining the price and the decision-making unit
Price determined by reference to the net worth of the subject company, market trading information and accountants' opinion of reasonableness.
