1. Date of occurrence of the fact: 115/05/08 2. Company name: FIC Co., Ltd. 3. Relationship with the company (please enter 'this company' or 'subsidiary'): Subsidiary 4. Mutual shareholding ratio: Not applicable 5. Reason for occurrence: The subsidiary previously bid on a Ministry of National Defense project for bulletproof fiber fabric (bulletproof plates). The Ministry of National Defense terminated the contract, alleging that the subsidiary's supplier delivered products from mainland China in violation of rules of origin. Consequently, the Ministry of National Defense filed a lawsuit with the Taiwan Taipei District Court, requesting the subsidiary to return the payment and pay punitive damages and interest, totaling NT$38,388,844. 6. Response measures: Lawyers have been engaged to handle subsequent matters according to legal procedures. 7. Other matters that should be specified (if the subject of the incident or resolution is a public offering company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities Exchange Act, which states matters that have a material impact on shareholders' equity or securities prices): The loss from litigation liabilities was already accrued in 114, so there will be no material impact on the company.

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  • Source: PR Times
  • Category: News
  • Dates in source: 115/05/08