Chung Hsin Announces Disposal of Securities
Key facts
- Chung Hsin Announces Disposal of Securities
- Chung Hsin Electric has disposed of 72,000 shares of MediaTek common stock between June 10 and June 22, 2026, generating total proceeds of NT$321,689,092 and a gain of NT$6,728,103. The transaction was approved by the Chairman and forms part of portfolio management.
- Source: TWSE
- Date: Mon Jun 22 2026 09:00:00 GMT+0900 (Japan Standard Time)
Direct answer
Chung Hsin Electric has disposed of 72,000 shares of MediaTek common stock between June 10 and June 22, 2026, generating total proceeds of NT$321,689,092 and a gain of NT$6,728,103. The transaction was approved by the Chairman and forms part of portfolio management.
- Citation
- Chung Hsin Announces Disposal of Securities (Mon Jun 22 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
- Source
- TWSE
- Date
- Mon Jun 22 2026 09:00:00 GMT+0900 (Japan Standard Time)
AI Summary (NQ-processed)
Chung Hsin Electric has disposed of 72,000 shares of MediaTek common stock between June 10 and June 22, 2026, generating total proceeds of NT$321,689,092 and a gain of NT$6,728,103. The transaction was approved by the Chairman and forms part of portfolio management.
AI Analysis
Frequently Asked Questions
- Q: What kind of company is Chung Hsin?
- A: A Taiwanese electrical equipment firm engaged in asset management and infrastructure projects.
- Q: Who approved this transaction?
- A: The Chairman approved it individually, not through a board resolution.
- Q: Does Chung Hsin still hold MediaTek shares?
- A: Yes, it holds 110,000 shares, representing a 0.007% stake.
- Q: How will this gain affect earnings?
- A: It will be recorded as non-operating income, boosting net profit.
- Q: Could more sales follow?
- A: Yes, ongoing portfolio adjustments are possible based on investment strategy.