Announcement of Board resolution to recognize impairment of assets in accordace with IAS No. 36
· Issued by Tainan Spinning Co., Ltd.
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Today's Information
Provided by: TAINAN SPINNING CO. , LTD.
SEQ_NO
2
Date of announcement
2021/11/09
Time of announcement
16:09:42
Subject
Announcement of Board resolution to recognize
impairment of assets in accordace with IAS No. 36
Date of events
2021/11/09
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2021/11/09
2.Company name: Tainan Spinning Co., Ltd.
3.Relationship to the Company (please enter ��head office�� or
��subsidiaries��): Head office
4.Reciprocal shareholding ratios: Not applicable
5.Cause of occurrence:
The Company recognized impairment of assets in accordance with IAS No. 36
��Impairment of Assets,�� and recognized impairment loss in the amount of
NT$145,480,391 based on test results.
6.Countermeasures: None
7.Any other matters that need to be specified:
The impairment of assets does not affect cash flow and does not have a
material effect on the Company's operations.
