The company's board of directors approved to change the functional currency to New Taiwan Dollar
· Issued by Jinan Acetate Chemical Co., LTD.
Close
Today's Information
Provided by: Jinan Acetate Chemical Co., LTD.
SEQ_NO
1
Date of announcement
2022/07/15
Time of announcement
18:01:11
Subject
The company's board of directors approved to
change the functional currency to New Taiwan Dollar
Date of events
2022/07/15
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/07/15
2.Company name:Jinan Acetate Chemical 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:Considering the effectiveness of group
fundraising management, the company's function has been Changed to the
planning of the Group's fundraising activities
and the proposed investment activities in Taiwen mainly
in NTD, Therefore, the functional currency has been changed
from RMB to NTD.
6.Countermeasures:In accordance with International
Accounting IAS No.21, the processing will be deferred
from July 1, 2022.
7.Any other matters that need to be specified:None
