Subsidiary Shih Yu Investment Co. Announces Disposal of Marketable Securities
Original: 代子公司世友投資股份有限公司公告處分有價證券
Summary
WPG Holdings is disclosing, on behalf of its subsidiary Shih Yu Investment Co., Ltd. (世友投資股份有限公司), that the subsidiary has disposed of (sold) marketable securities. Under Taiwan securities regulations, such disposals by subsidiaries must be reported as material information when they exceed prescribed thresholds. Full body available on MOPS.
Full Translation
Subject line (original): 代子公司世友投資股份有限公司公告處分有價證券. English rendering: 'Announcement of Disposal of Marketable Securities by Subsidiary Shih Yu Investment Co., Ltd.' WPG Holdings (3702) is filing this material information disclosure on behalf of its wholly-owned or majority-owned subsidiary, Shih Yu Investment Co., Ltd. The disclosure indicates that Shih Yu Investment has completed or resolved a disposition (sale or transfer) of marketable securities. Under Taiwan's Regulations Governing the Acquisition and Disposal of Assets by Public Companies, such transactions must be publicly disclosed when the consideration exceeds regulatory thresholds. The nature, counterparty, consideration, and strategic rationale of the disposal are not determinable from the subject line alone. [Body not available — subject line only. See MOPS for full announcement.]