AG Neovo get control of Taiwan Biophotonic Corporation(tBPC)
· Issued by Associated Industries China, Inc.
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Today's Information
Provided by: Associated Industries China, Inc.
SEQ_NO
3
Date of announcement
2022/04/11
Time of announcement
17:49:51
Subject
AG Neovo get control of
Taiwan Biophotonic Corporation(tBPC)
Date of events
2022/04/11
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/04/11
2.Company name:AG Neovo
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
To fulfill the strategy requirements, AG Neovo increase the investment in
Convertible Bond issued by tBPC.
Consider the total number of shares and total equity stake
after calculaitng the potential ordinary share.
AG Neovo will lead the operating and financial activities of tPBC.
After Assessment, AG Neovo get control of tBPC.
So tBPC will be recognized in AG Neovo consolidated financial statements.
So far, the cumulative shareholding ratio on tBPC held by the AG Neovo
is 34.72% and the cumulative Convertible Bond is NTD 18,800,000.
6.Countermeasures:NA
7.Any other matters that need to be specified:NA
