[Top Union] Disclosure of Fund Balances and Redemption Status per TWSE Instructions
Top Union Electronics Corp. reported that the fair value of its held funds has dropped to zero. Total investments of approximately USD 53.29 million are now considered effectively worthless.
📋 Article Processing Timeline
- 📰 Published: April 25, 2026 at 09:00
- 🔍 Collected: April 26, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 26, 2026 at 08:02 (2 min after Collected)
## Material Information Announcement
1. Date of occurrence: April 25, 2026
2. Company name: Top Union Electronics Corp.
3. Relationship with the company: The Company itself
4. Reciprocal shareholding ratio: Not applicable
5. Cause of occurrence: In accordance with the instructions from the Taiwan Stock Exchange (Letter No. 1121801204), the company provides weekly disclosures on fund balances, subscription/redemption transactions, and the recovery status of fund redemptions receivable.
6. Countermeasures:
(1) Based on the most recently published net asset values (as of April 25, 2026), the total investment balance held by the company and its subsidiaries amounts to USD 53,286 thousand (equivalent to NTD 1,678,518 thousand). However, the fair value evaluation for these investments is 0.
- Spectra SPC Powerfund (PF): USD 21,984k, Fair Value: 0
- Asian Strategic Long Term Fund (GP): USD 8,151k, Fair Value: 0
- Asian Strategic Orient Fund (GH): USD 9,099k, Fair Value: 0
- Longchamp Absolute Return Unit Trust Fund (LC): USD 14,052k, Fair Value: 0
Total: USD 53,286k, Fair Value: 0
(2) No new fund subscriptions or redemptions occurred during the current year up to April 25, 2026.
(3) As of April 25, 2026, there are two outstanding fund redemptions receivable totaling USD 2,041 thousand (equivalent to NTD 64,282 thousand). Following impairment assessment, the value of these receivables is 0.
7. Other matters to state: The company will closely monitor the progress of these funds and has engaged professionals to assist in asserting the company's rights.
1. Date of occurrence: April 25, 2026
2. Company name: Top Union Electronics Corp.
3. Relationship with the company: The Company itself
4. Reciprocal shareholding ratio: Not applicable
5. Cause of occurrence: In accordance with the instructions from the Taiwan Stock Exchange (Letter No. 1121801204), the company provides weekly disclosures on fund balances, subscription/redemption transactions, and the recovery status of fund redemptions receivable.
6. Countermeasures:
(1) Based on the most recently published net asset values (as of April 25, 2026), the total investment balance held by the company and its subsidiaries amounts to USD 53,286 thousand (equivalent to NTD 1,678,518 thousand). However, the fair value evaluation for these investments is 0.
- Spectra SPC Powerfund (PF): USD 21,984k, Fair Value: 0
- Asian Strategic Long Term Fund (GP): USD 8,151k, Fair Value: 0
- Asian Strategic Orient Fund (GH): USD 9,099k, Fair Value: 0
- Longchamp Absolute Return Unit Trust Fund (LC): USD 14,052k, Fair Value: 0
Total: USD 53,286k, Fair Value: 0
(2) No new fund subscriptions or redemptions occurred during the current year up to April 25, 2026.
(3) As of April 25, 2026, there are two outstanding fund redemptions receivable totaling USD 2,041 thousand (equivalent to NTD 64,282 thousand). Following impairment assessment, the value of these receivables is 0.
7. Other matters to state: The company will closely monitor the progress of these funds and has engaged professionals to assist in asserting the company's rights.