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Chung Hsing Announces Disposal of Securities

AI Summary (NQ-processed)

Chung Hsing has disposed of common shares of Hon Hai, generating a total transaction amount of approximately NT$563 million and incurring a disposal loss of NT$35.8 million. The move is part of portfolio optimization and does not involve related-party transactions.

AI Analysis

Frequently Asked Questions

Q: What was the disposal loss from Chung Hsing's sale of Hon Hai shares?
A: The disposal loss amounted to NT$35,803,187.
Q: Who approved this transaction?
A: The transaction was approved by the Chairman; board approval was not required.
Q: How many Hon Hai shares does Chung Hsing currently hold?
A: Chung Hsing holds 610,000 shares, representing 0.004% ownership.
Q: What was the purpose of this disposal?
A: The purpose was portfolio optimization and liquidity management.
Q: Was this a related-party transaction?
A: No, the transaction was not with a related party.