[FENC] Announcement on behalf of subsidiary (Yuan Tong Investment Co., Ltd.) regarding the acquisition of common shares of Far Eastern Department Stores Co., Ltd.
FENC announced that its subsidiary, Yuan Tong Investment, acquired 13.6 million shares of Far Eastern Department Stores for NTD 311.8 million, raising its stake to 6.59%.
📋 Article Processing Timeline
- 📰 Published: April 22, 2026 at 09:00
- 🔍 Collected: April 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 23, 2026 at 12:33 (4h 32m after Collected)
1. Name of securities: Far Eastern Department Stores Co., Ltd. common shares
2. Transaction dates: 2026/01/27 ~ 2026/04/22
3. Date of board of directors' approval: Not applicable
4. Date of other competent authority approval: Approved by Chairman on 2026/04/22
5. Transaction volume, unit price, and total transaction amount:
Volume: 13,645,000 shares
Unit price: NTD 22.85
Total amount: NTD 311,853,070
6. Disposal gain (or loss): Not applicable
7. Relationship with the target company: Equity-method investee company
8. Current cumulative volume, amount, and shareholding percentage of the securities held:
Volume held: 93,344,530 shares
Amount held: NTD 2,661,562,478
Shareholding percentage: 6.59%
Rights restricted: None
9. Ratio of total securities investment to total assets and equity attributable to parent:
Ratio to total assets: 3.01%
Ratio to equity: 4.87%
Working capital: NTD -2,597,834 thousand
Source of funds: Operating revenue
10. Purpose of acquisition: Increase investment
11. Dissenting independent directors: None
12. Is it a related party transaction: No
2. Transaction dates: 2026/01/27 ~ 2026/04/22
3. Date of board of directors' approval: Not applicable
4. Date of other competent authority approval: Approved by Chairman on 2026/04/22
5. Transaction volume, unit price, and total transaction amount:
Volume: 13,645,000 shares
Unit price: NTD 22.85
Total amount: NTD 311,853,070
6. Disposal gain (or loss): Not applicable
7. Relationship with the target company: Equity-method investee company
8. Current cumulative volume, amount, and shareholding percentage of the securities held:
Volume held: 93,344,530 shares
Amount held: NTD 2,661,562,478
Shareholding percentage: 6.59%
Rights restricted: None
9. Ratio of total securities investment to total assets and equity attributable to parent:
Ratio to total assets: 3.01%
Ratio to equity: 4.87%
Working capital: NTD -2,597,834 thousand
Source of funds: Operating revenue
10. Purpose of acquisition: Increase investment
11. Dissenting independent directors: None
12. Is it a related party transaction: No