[Primax] Subsidiary Tymphany Worldwide Enterprises announces the acquisition of 100% equity of Tymphany Acoustic Technology from sub-subsidiary
Primax Electronics' subsidiary, Tymphany Worldwide Enterprises, has acquired 100% of the shares of Tymphany Acoustic Technology from its sub-subsidiary as part of an internal group restructuring to optimize investment structure and capital allocation.
📋 Article Processing Timeline
- 📰 Published: June 4, 2026 at 09:00
- 🔍 Collected: June 5, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 7, 2026 at 06:00 (46h 0m after Collected)
1. Name and Nature of the Subject: 100% equity of Tymphany Acoustic Technology Co., Ltd.
2. Date of Event: June 4, 115 (Republic of China calendar)
3. Date of Board Approval: June 4, 115
4. Other Approval Date: Not applicable
5. Transaction Quantity, Unit Price, and Total Amount: Quantity: 5,000,000 shares; Unit Price: NT$104.11; Total Amount: NT$520,563,642
6. Counterparty and Relationship: Hong Kong Tymphany Acoustic Technology Co., Ltd., a sub-subsidiary of Tymphany Worldwide Enterprises Ltd.
7. Reasons for Related Party Transaction and Previous Transfer: Adjustment of the overall investment structure of the Tymphany Group and capital planning. Previous transfer: Not applicable.
8. Ownership Transfer within the Last 5 Years: None
9. Matters Related to Disposal of Receivables: Not applicable
10. Gain or Loss on Disposal: Not applicable
11. Payment Terms: According to the contract
12. Method of Decision and Basis for Pricing: Reasonableness opinion issued by an accountant. Decision-making body: Board of Directors of Tymphany Worldwide Enterprises Ltd.
13. Net Asset Value per Share of the Subject: NT$104.11
14. Cumulative Holding Status: 100% equity; Total amount NT$520,563,642; No restrictions
15. Ratio to Total Assets/Net Worth: Ratio to total assets: 1.16%; Ratio to equity attributable to owners of the parent: 2.39%; Working capital: NT$-3,825,618 thousand
16. Brokerage Fees: Not applicable
17. Purpose of Acquisition: To conduct more flexible and secure operations and value chain adjustments
18. Dissenting Opinions of Directors: None
19. Related Party Transaction: Yes
20. Audit Committee Approval Date: Not applicable, approved by the Board of Directors
21. Non-reasonableness Opinion from Accountant: No
22. Accounting Firm: Qianxiang Yaofan Joint Accounting Firm
23. Accountant Name: Yen Chia-Liang
24. License Number: Beishi Huizheng No. 4570
25. Change in Business Model: No
26. Explanation: Not applicable
27. Transactions with Counterparty in the Past/Next Year: Not applicable
28. Source of Funds: Not applicable
29. Date of Previous Major Message: Not applicable
30. Other Remarks: None
2. Date of Event: June 4, 115 (Republic of China calendar)
3. Date of Board Approval: June 4, 115
4. Other Approval Date: Not applicable
5. Transaction Quantity, Unit Price, and Total Amount: Quantity: 5,000,000 shares; Unit Price: NT$104.11; Total Amount: NT$520,563,642
6. Counterparty and Relationship: Hong Kong Tymphany Acoustic Technology Co., Ltd., a sub-subsidiary of Tymphany Worldwide Enterprises Ltd.
7. Reasons for Related Party Transaction and Previous Transfer: Adjustment of the overall investment structure of the Tymphany Group and capital planning. Previous transfer: Not applicable.
8. Ownership Transfer within the Last 5 Years: None
9. Matters Related to Disposal of Receivables: Not applicable
10. Gain or Loss on Disposal: Not applicable
11. Payment Terms: According to the contract
12. Method of Decision and Basis for Pricing: Reasonableness opinion issued by an accountant. Decision-making body: Board of Directors of Tymphany Worldwide Enterprises Ltd.
13. Net Asset Value per Share of the Subject: NT$104.11
14. Cumulative Holding Status: 100% equity; Total amount NT$520,563,642; No restrictions
15. Ratio to Total Assets/Net Worth: Ratio to total assets: 1.16%; Ratio to equity attributable to owners of the parent: 2.39%; Working capital: NT$-3,825,618 thousand
16. Brokerage Fees: Not applicable
17. Purpose of Acquisition: To conduct more flexible and secure operations and value chain adjustments
18. Dissenting Opinions of Directors: None
19. Related Party Transaction: Yes
20. Audit Committee Approval Date: Not applicable, approved by the Board of Directors
21. Non-reasonableness Opinion from Accountant: No
22. Accounting Firm: Qianxiang Yaofan Joint Accounting Firm
23. Accountant Name: Yen Chia-Liang
24. License Number: Beishi Huizheng No. 4570
25. Change in Business Model: No
26. Explanation: Not applicable
27. Transactions with Counterparty in the Past/Next Year: Not applicable
28. Source of Funds: Not applicable
29. Date of Previous Major Message: Not applicable
30. Other Remarks: None
FAQ
What transaction did Primax conduct this time?
It was an internal transaction where the subsidiary Tymphany Worldwide Enterprises acquired 100% of the shares of Tymphany Acoustic Technology from a Hong Kong-based sub-subsidiary.
Why was this transaction necessary?
To adjust the investment structure, review capital allocation plans, and make the group's value chain more flexible and secure.
How was the price for this transaction determined?
The price was determined based on a reasonableness opinion provided by an accountant.