Reference is made to the Company’s announcements made on 1 July 2016, 3 September 2018 and 13 September 2018.
The Board of Directors wishes to announce that the Company had on 11 January 2021 received a judgement from the Supreme Court of Taiwan which in response to Hui Neng’s petition made on 23 October 2018 that the original court judgment made on 12 September 2018 was set aside except for the provisional execution, and the case shall re-submit to the Taiwan High Court in Kaohsiung.
In summary, the court decision as per Company’s announcement made on 13 September 2018 is now set aside; while the court decision made on 29 June 2016 is upheld as per Company’s announcement made on 1 July 2016.
The Company will make the necessary announcement on further development of this matter in due course.
This announcement is dated 12 January 2021.