[CMC] Announcement on the Company's Disposal of Marketable Securities
China Magnetics Corporation (CMC) announced the disposal of a portion of its holdings in Phison Electronics Corp. common stock for investment portfolio management. The total transaction amounted to approximately NT$380 million, resulting in a gain on disposal of about NT$60.18 million.
📋 Article Processing Timeline
- 📰 Published: May 18, 2026 at 09:00
- 🔍 Collected: May 19, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 19, 2026 at 08:05 (5 min after Collected)
1. Name of the security: Phison Electronics Corp. Common Stock
2. Transaction dates: 2026/5/14~2026/5/18
3. Date of board approval: Not applicable
4. Other approval date: Approval level: Approved by the Chairman, May 18, 2026
5. Transaction quantity, price per unit, and total transaction amount:
Transaction quantity (thousand shares): 137
Price per unit (NT$): 2,774.51
Total transaction amount (NT$): 380,108,211
6. Gain (or loss) from disposal (not applicable for acquiring securities): Gain on disposal NT$60,182,445
7. Relationship with the target company: None
8. Cumulative holdings of these securities (including this transaction) to date: quantity, amount, shareholding ratio, and any restrictions (e.g., pledges): Remaining balance: 118,000 shares, Amount: NT$285,479,077, Shareholding ratio: 0.05%, Restrictions: None
9. To date, the ratio of securities investment (including this transaction) under Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" to total assets and equity attributable to owners of the parent in the most recent financial statements, and the amount of working capital in the most recent financial statements: Ratio to total assets: 76.73%, Ratio to equity attributable to owners of the parent: 110.20%, Working capital amount: NT$8,285,327 thousand
10. Specific purpose of the acquisition or disposal: Investment portfolio
11. Opinions of directors who expressed dissent: None
12. This transaction is a related-party transaction: No
13. Counterparty and its relationship with the company: Not applicable
14. Date of supervisors' approval or audit committee's consent: Not applicable
15. Date of previous material information announcement on the same event: Not applicable
16. Other explanatory matters: Authority was granted on 2026/03/31 to authorized traders to conduct securities transactions in the centralized market during the second quarter of 2026.
2. Transaction dates: 2026/5/14~2026/5/18
3. Date of board approval: Not applicable
4. Other approval date: Approval level: Approved by the Chairman, May 18, 2026
5. Transaction quantity, price per unit, and total transaction amount:
Transaction quantity (thousand shares): 137
Price per unit (NT$): 2,774.51
Total transaction amount (NT$): 380,108,211
6. Gain (or loss) from disposal (not applicable for acquiring securities): Gain on disposal NT$60,182,445
7. Relationship with the target company: None
8. Cumulative holdings of these securities (including this transaction) to date: quantity, amount, shareholding ratio, and any restrictions (e.g., pledges): Remaining balance: 118,000 shares, Amount: NT$285,479,077, Shareholding ratio: 0.05%, Restrictions: None
9. To date, the ratio of securities investment (including this transaction) under Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" to total assets and equity attributable to owners of the parent in the most recent financial statements, and the amount of working capital in the most recent financial statements: Ratio to total assets: 76.73%, Ratio to equity attributable to owners of the parent: 110.20%, Working capital amount: NT$8,285,327 thousand
10. Specific purpose of the acquisition or disposal: Investment portfolio
11. Opinions of directors who expressed dissent: None
12. This transaction is a related-party transaction: No
13. Counterparty and its relationship with the company: Not applicable
14. Date of supervisors' approval or audit committee's consent: Not applicable
15. Date of previous material information announcement on the same event: Not applicable
16. Other explanatory matters: Authority was granted on 2026/03/31 to authorized traders to conduct securities transactions in the centralized market during the second quarter of 2026.