Taidong (3432) Discloses Material Information Regarding Investment Fund Balances and Recovery Status
Taidong Industry (3432) has disclosed material information regarding its investment fund transactions and redemption receivables. The fair value of the holdings is assessed at zero, and the company is actively seeking professional assistance to protect shareholder interests.
📋 Article Processing Timeline
- 📰 Published: May 24, 2026 at 06:31
- 🔍 Collected: May 24, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 24, 2026 at 06:52 (20 min after Collected)
Announcement Date: 2026/05/23
Subject: Compliance with the Taiwan Stock Exchange directive to disclose weekly material information on investment fund balances, transaction status, and redemption receivables.
1. Date of occurrence: 2026/05/23
2. Company Name: Taidong Industry Co., Ltd.
3. Relationship to the company: The company itself.
4. Mutual shareholding ratio: Not applicable.
5. Reason for occurrence: In accordance with the Taiwan Stock Exchange directive, the company periodically publishes the balances of its investment funds, subscription and redemption details, and the recovery status of redemption receivables.
6. Response measures:
(I) As of 2026/05/23, the investment balance for the company and its subsidiaries, calculated based on the latest net asset value, totals 53,286 thousand USD (approx. 1,680,916 thousand NTD). The fair value is assessed at zero.
Funds involved: Spectra SPC Powerfund (PF), Asian Strategic Long Term Fund (GP), Asian Strategic Orient Fund (GH), and Longchamp Absolute Return Unit Trust Fund (LC).
(II) There were no new subscription or redemption trades for the current year up to 2026/05/23.
(III) As of 2026/05/23, there are two pending redemption receivables totaling 2,041 thousand USD (approx. 64,374 thousand NTD). After impairment assessment, the value is 0 NTD.
7. Other matters: The company continues to monitor the development of these four funds and has commissioned professional experts to assist in asserting its rights to protect shareholder interests. Please rely on official company announcements for information regarding finance and business operations.
Subject: Compliance with the Taiwan Stock Exchange directive to disclose weekly material information on investment fund balances, transaction status, and redemption receivables.
1. Date of occurrence: 2026/05/23
2. Company Name: Taidong Industry Co., Ltd.
3. Relationship to the company: The company itself.
4. Mutual shareholding ratio: Not applicable.
5. Reason for occurrence: In accordance with the Taiwan Stock Exchange directive, the company periodically publishes the balances of its investment funds, subscription and redemption details, and the recovery status of redemption receivables.
6. Response measures:
(I) As of 2026/05/23, the investment balance for the company and its subsidiaries, calculated based on the latest net asset value, totals 53,286 thousand USD (approx. 1,680,916 thousand NTD). The fair value is assessed at zero.
Funds involved: Spectra SPC Powerfund (PF), Asian Strategic Long Term Fund (GP), Asian Strategic Orient Fund (GH), and Longchamp Absolute Return Unit Trust Fund (LC).
(II) There were no new subscription or redemption trades for the current year up to 2026/05/23.
(III) As of 2026/05/23, there are two pending redemption receivables totaling 2,041 thousand USD (approx. 64,374 thousand NTD). After impairment assessment, the value is 0 NTD.
7. Other matters: The company continues to monitor the development of these four funds and has commissioned professional experts to assist in asserting its rights to protect shareholder interests. Please rely on official company announcements for information regarding finance and business operations.
FAQ
Why is the valuation of Taidong's investment funds zero?
Based on impairment assessments, it was determined that the current asset value cannot be recognized.
Will the investment funds be recovered?
The company has appointed professional counsel to advocate for its rights, but the outlook remains uncertain.
Are there any additional subscription trades?
No new subscription or redemption trades have been made this fiscal year.