Press Center
Chang Wah Electromaterials (par value of NT$1 per share) Press Release
Issued by: Chang Wah Electromaterials Inc.
Issued on: March 20, 2024
Chang Wah Electromaterials Inc. (CWE, 8070.TW) announced on the 19th that it had completed the disposal of 4,239 shares of Chipbond Technology Corporation between December 28, 2023, and March 19, 2024. The shares were sold at an average price of NT$76.07 per share, resulting in a total transaction value of NT$322 million. The Company estimates a gain of NT$45 million from the sale, which will be reflected in its shareholders’ equity.
After the transaction, CWE still holds over 44,879 shares of Chipbond Technology Corporation.
However, according to the board resolution on September 15, 2021, CWE plans to dispose of its Chipbond shares in multiple transactions, within a total limit of NT$2.5 billion. Based on the closing price on March 19, 2024, the number of Chipbond shares authorized by the board for future disposal is 19,657 shares.
For CWE’s financial data, please visit the official website at：https://www.cwei.com.tw/