Connector Factory Taiwan Terminal (3432) held a major news press conference today.

(The picture is taken from the live broadcast of the stock exchange)

[Reporter Fang Weijie/Taipei Report] The connector factory Taiwan Terminal (3432) held a major news press conference today. Liu Meihui, the assistant of the material department, pointed out that it is difficult to redeem the four funds that Taiwan Terminal has invested in for many years. and loss” items are fully listed as losses, and the estimated loss amount is 1.682 billion yuan, equivalent to 54.78 million US dollars.

Liu Meihui said that since March this year, Taiwan has successively received notifications from 4 fund trading institutions or issuers, including Spectra SPC Powerfund, Asian Strategic Long Term Fund, Asian Strategic Orient Fund, Longchamp Absolute Return Unit Trust Fund, saying that "fund handling Delay in remittance during the redemption process", "Suspend the calculation of the net asset value of the fund and postpone the redemption of the fund", "The customer's account will be inactive", "Suspend the redemption of the principal of all commodities".

Please read on...

Liu Meihui mentioned that in accordance with the International Financial Reporting Standard No. 13 "Measurement of Fair Value", after reassessing the reliability of the relevant information of the four funds, restrictions, actual market activity, and major uncertainties in the transaction, etc. , thinking that the loss should be fully included in the "Other Gains and Loss" item of last year's financial statement, and the estimated loss amount is 1.682 billion yuan.

Liu Meihui said that Taiduan urgently convened the audit committee and the board of directors today, and requested the audit committee and the board of directors to pass the above-mentioned motion to list the losses. Since this matter has a huge impact on the rights and interests of investors, I specially applied for a press conference to explain major news in accordance with relevant laws and regulations. The investing public will explain in detail, and will also pay close attention to the follow-up development of the four funds, and appoint professionals to assist in claiming rights to protect the rights and interests of all shareholders.

Taiduan’s investment in Ayers Alliance Financial Group’s series of funds is as high as US$54.78 million, accounting for more than 82% of the total assets of the self-consolidated statement in February. Before Taiduan held a major news press conference today, it has obtained The stock exchange agreed to suspend trading for 1 day.

Grasp the pulse of the economy with one hand I subscribe to Free Finance Youtube channel

Already added friends, thank you

Welcome to 【Free Finance】

feel good

Already liked it, thank you.

related news