[Far Eastern New Century] Announcement of acquisition of ordinary shares of Asia Cement Corporation by subsidiary (Far Eastern Investment)
NQ Score
80/100
N1 Content Completeness
5
Key facts
- [Far Eastern New Century] Announcement of acquisition of ordinary shares of Asia Cement Corporation by subsidiary (Far Eastern Investment)
- Far Eastern New Century's subsidiary, Far Eastern Investment, acquired 10.2 million ordinary shares of Asia Cement for approximately 346 million TWD to increase investment.
- Source: TWSE
- Date: Fri Jun 05 2026 09:00:00 GMT+0900 (Japan Standard Time)
Direct answer
Far Eastern New Century's subsidiary, Far Eastern Investment, acquired 10.2 million ordinary shares of Asia Cement for approximately 346 million TWD to increase investment.
- Citation
- [Far Eastern New Century] Announcement of acquisition of ordinary shares of Asia Cement Corporation by subsidiary (Far Eastern Investment) (Fri Jun 05 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
- Source
- TWSE
- Date
- Fri Jun 05 2026 09:00:00 GMT+0900 (Japan Standard Time)
AI Summary (NQ-processed)
Far Eastern New Century's subsidiary, Far Eastern Investment, acquired 10.2 million ordinary shares of Asia Cement for approximately 346 million TWD to increase investment.
AI Analysis
Frequently Asked Questions
- Q: What kind of company is Far Eastern Investment?
- A: It is a subsidiary of Far Eastern New Century and is responsible for the group's investment activities.
- Q: What is an equity-accounted affiliate?
- A: A corporate structure where an investing company has significant influence over the management, financial policies, and business operations of the investee.
- Q: Why was the stake in Asia Cement acquired this time?
- A: The stated purpose in the disclosure is 'to increase investment'.