Compal Electronics: Board of Directors decided to incorporate and invest in Kinpo & Compal Group Assets Development Corporation


Provided by: Compal Electronics, Inc.



Announcement date


Announcement time



 The Board of Directors resolved to incorporate
and invest in Kinpo&Compal Group Assets Development

Date of events


What element he responds to

paragraph 20


1.Name and nature of the underlying assets (if preferred shares, the terms
and conditions of issuance shall also be indicated, e.g., dividend yield,
etc.):The common shares of Kinpo&Compal Group Assets Development Corporation
2.Date of occurrence of the event:2021/11/19
3.Amount, unit price, and total monetary amount of the transaction:
Unit: 52,500 thousand shares
Unit price: NT$10 dollars
Total amount: NT$ 525,000 thousands
4.Trading counterparty and its relationship with the Company (if the trading
counterparty is a natural person and furthermore is not a related party of
the Company, the name of the trading counterparty is not required to be
Counterparty: Kinpo&Compal Group Assets Development Corporation
Relationship with the Company: a 70%-owned subsidiary incorporated &
invested by the Company
5.Where the trading counterparty is a related party, announcement shall also
be made of the reason for choosing the related party as trading counterparty
and the identity of the previous owner, its relationship with the Company
and the trading counterparty, and the previous date and monetary amount of
6.Where an owner of the underlying assets within the past five years has
been a related party of the Company, the announcement shall also include the
date and price of acquisition and disposal by the related party, and its
relationship with the Company at the time of the transaction:NA
7.Matters related to the current disposal of creditors' rights (including
types of collaterals of the disposed creditor��s rights; if creditor's
rights over a related party, announcement shall be made of the name of the
related party and the book amount of the creditor's rights, currently being
disposed of, over such related party):NA
8.Profit or loss from the disposal (not applicable in cases of acquisition
of securities) (those with deferral should provide a table explaining
9.Terms of delivery or payment (including payment period and monetary
amount), restrictive covenants in the contract, and other important terms
and conditions:To pay by remittance
10.The manner of deciding on this transaction (such as invitation to tender,
price comparison, or price negotiation), the reference basis for the
decision on price, and the decision-making unit:
The decision-making unit: Approved by the board of directors
11.Net worth per share of the Company's underlying securities acquired or
disposed of:NT$ 10 per share
12.Cumulative no.of shares held (including the current transaction), their
monetary amount, shareholding percentage, and status of any restriction of
rights (e.g., pledges), as of the present moment:
Cumulative no. of shares held: 52,500 thousand shares
Total amount: NT$525,000 thousands
Shareholding percentage: 70%
Status of any restriction of rights: None
13.Current ratio of securities investment (including the current trade, as
listed in article 3 of Regulations Governing the Acquisition and Disposal of
Assets by Public Companies) to the total assets and equity attributable to
owners of the parent as shown in the most recent financial statement and
working capital as shown in the most recent financial statement as of the
To the total assets:23.11%
To the equity attributable to owners of the parent:83.23%
The working capital: NT$ 27,917,021 thousands
14.Broker and broker's fee: NA
15.Concrete purpose or use of the acquisition or disposal:
To acquire the superficial rights of land located at No.91,
Ruanqiao Section, Beitou Dist., Taipei City
16.Any dissenting opinions of directors to the present transaction:NONE
17.Whether the counterparty of the current transaction is
a related party:NONE
18.Date of the board of directors resolution:2021/11/11
19.Date of ratification by supervisors or approval by
the Audit Committee:2021/11/11
20.Whether the CPA issued an unreasonable opinion regarding the current
21.Name of the CPA firm:NA
22.Name of the CPA:NA
23.Practice certificate number of the CPA:NA
24.Whether the transaction involved in change of business model:NO
25.Details on change of business model:NA
26.Details on transactions with the counterparty for the past year and the
expected coming year:NA
27.Source of funds:Self-owned funds
28.Any other matters that need to be specified:
The Company participates in the open tender by means of organizing a
cooperative alliance with AcBel Polytech Inc. to bid the superficial rights.
  After the cooperative alliance wins the bidding, the Company and
AcBel Polytech Inc. will jointly incorporate and invest in a new company
to be the main party to execute the agreement
with Taipei City Government afterwards.


Compal Electronics Inc. published this content on November 19, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on November 19, 2021 09:22:04 AM UTC.

Public now 2021

04: 23a COMPAL ELECTRONICS : The board of directors has decided to incorporate and invest in Kinpo & Co.


04: 23a MATTER : To announce the acquisition of the surface rights of the land located at n ° 91, ..


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Sales 2021 1 204 B
43,327 million
43,327 million
Net income 2021 12,287 million
442 million
442 million
Net debt 2021 41 651 million
1,499 million
1,499 million
PER 2021 ratio 8.32x
Yield 2021 7.42%
Capitalization 103B
3,691 million
3,701 million
VE / Sales 2021 0.12x
VE / Sales 2022 0.10x
Number of employees 81,743
Free float 93.6%

Duration :


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