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1.Parties to the legal matter:Wang, Hsun-Sheng, the company’s chairman
2.Name of the court or disposing agency:Supreme court of Taiwan
3.Reference/case numbers of relevant documents:
cassation NO.4 of the Appeal in 2019
4.Date of occurrence of the event:2020/04/30
5.Background and circumstances of the matter (including the property/subject matter under dispute):As detailed in Article 9
6.Course and progression of handling of the matter:As detailed in Article 9
7.Effect on company finances and business and estimated monetary amount of the effect:As detailed in Article 9
8.Countermeasures and status of amelioration: As detailed in Article 9
9.Any other matters that need to be specified:
the chairman was prosecuted by the Taipei District Prosecutors Office for a violation of the Securities Trading Law ,after the Supreme Court returned the retrial, the High Court convicted the breach of faith and other crimes on April 30.
The chairman expressed deep regret at the judgment and will request the lawyer to file an appeal in accordance with the law after receiving the judgment in order to prove himself innocent.
The company's business and financial operations are normal , this judgment has no impact on the company's operations.
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