[Yung Kang-KY] Announcement Regarding Court-Ordered Provisional Seizure by Important Subsidiary Yung Kang Energy Material Co., Ltd. Taiwan Branch
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Yung Kang Energy Material Co., Ltd. Taiwan Branch announced that the Taiwan New Taipei District Court has executed a provisional seizure at the request of creditor E. SUN Commercial Bank. The requested seizure amount is NT$49,998,643 plus NT$399,989 in execution fees. The company has appointed legal counsel and is actively negotiating with the bank, stating no significant impact on current operations.