[Kuan-Si] Announcement regarding the mediation filing for debt recovery by subsidiary COSMO ELECTRONICS (HK) COMPANY LIMITED
Key facts
- [Kuan-Si] Announcement regarding the mediation filing for debt recovery by subsidiary COSMO ELECTRONICS (HK) COMPANY LIMITED
- COSMO ELECTRONICS (HK) COMPANY LIMITED, a subsidiary of Kuan-Si Electronics, has filed for mediation at the New Taipei District Court to recover prepaid funds from Kiwi-Smart Cooperation, LTD.
- Source: PR Times
- Date: May 21, 2026
Direct answer
COSMO ELECTRONICS (HK) COMPANY LIMITED, a subsidiary of Kuan-Si Electronics, has filed for mediation at the New Taipei District Court to recover prepaid funds from Kiwi-Smart Cooperation, LTD.
- Citation
- [Kuan-Si] Announcement regarding the mediation filing for debt recovery by subsidiary COSMO ELECTRONICS (HK) COMPANY LIMITED (May 21, 2026), PR Times
- Source
- PR Times
- Date
- May 21, 2026
COSMO ELECTRONICS (HK) COMPANY LIMITED, a subsidiary of Kuan-Si Electronics, has filed for mediation at the New Taipei District Court to recover prepaid funds from Kiwi-Smart Cooperation, LTD.
📋 Article Processing Timeline
- 📰 Published: May 21, 2026 at 09:00
- 🔍 Collected: May 22, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 22, 2026 at 08:22 (22 min after Collected)
1. Parties to the legal matter:
(1) Petitioner: COSMO ELECTRONICS (HK) COMPANY LIMITED
(2) Mediation Agent: Attorney Yang Tsai-Wen
(3) Respondent: Kiwi-Smart Cooperation, LTD
2. Name of the court or disciplinary authority:
New Taipei District Court, Taiwan
3. Case reference number:
To be determined upon filing by the attorney.
4. Date of occurrence:
May 21, 2026
5. Cause of the matter (including subject of dispute):
Mediation for the return of prepaid funds.
6. Handling process:
Processing in accordance with the law through appointed legal counsel.
7. Impact on company's financial and business operations and estimated impact amount:
No material impact on the company's financial or operational status at this time.
8. Response measures and status of improvement:
The company will discuss countermeasures with its attorney to protect its legal rights and interests.
9. Other matters:
None.
(1) Petitioner: COSMO ELECTRONICS (HK) COMPANY LIMITED
(2) Mediation Agent: Attorney Yang Tsai-Wen
(3) Respondent: Kiwi-Smart Cooperation, LTD
2. Name of the court or disciplinary authority:
New Taipei District Court, Taiwan
3. Case reference number:
To be determined upon filing by the attorney.
4. Date of occurrence:
May 21, 2026
5. Cause of the matter (including subject of dispute):
Mediation for the return of prepaid funds.
6. Handling process:
Processing in accordance with the law through appointed legal counsel.
7. Impact on company's financial and business operations and estimated impact amount:
No material impact on the company's financial or operational status at this time.
8. Response measures and status of improvement:
The company will discuss countermeasures with its attorney to protect its legal rights and interests.
9. Other matters:
None.
FAQ
Why did the subsidiary of Kuan-Si Electronics initiate mediation?
To seek the return of prepaid funds from their counterparty.
What is the relationship with Kiwi-Smart Cooperation?
They are the respondent in a debt recovery mediation initiated by the subsidiary.
Will this impact the stock price?
The company stated that there is no material impact on its financial or operational situation.