What was Winson's settlement default amount?

Winson's settlement default was NT$12.07 million, the 9th such case disclosed this year.

What is Taiwan's T+2 settlement rule?

Investors must complete payment and stock delivery within 2 trading days after a trade.

Which other companies had defaults this year?

Uni-KY, United Biomedical, Jinju, Win Semiconductors, Insyde, and Phison also reported defaults.

Which broker reported the default?

The default was reported by SinoPac Winsion Securities to the TPEx.

What impact does settlement default have on the market?

It signals rising credit risk, potentially affecting liquidity and investor confidence in small caps.

Winson Defaults on Settlement of NT$12.07 Million, 9th Case to Meet Disclosure Threshold This Year

AI Summary (NQ-processed)

Semiconductor probe card and testing equipment maker Winson has defaulted on a settlement worth NT$12.07 million, marking the 9th case on Taiwan's GreTai Securities Market (TPEx) this year to meet the public disclosure threshold.

AI Analysis

Frequently Asked Questions

Q: What was Winson's settlement default amount?: A: Winson's settlement default was NT$12.07 million, the 9th such case disclosed this year.
Q: What is Taiwan's T+2 settlement rule?: A: Investors must complete payment and stock delivery within 2 trading days after a trade.
Q: Which other companies had defaults this year?: A: Uni-KY, United Biomedical, Jinju, Win Semiconductors, Insyde, and Phison also reported defaults.
Q: Which broker reported the default?: A: The default was reported by SinoPac Winsion Securities to the TPEx.
Q: What impact does settlement default have on the market?: A: It signals rising credit risk, potentially affecting liquidity and investor confidence in small caps.