Date of announcement 2016/03/28
Time of announcement 20:14:40
Date of events 2016/03/28
To which item it meets paragraph 20
Statement
1.Name and nature of the subject matter (if preferred shares,
the terms and conditions of issuance shall also be indicated,
e.g.dividend yield):
(1)Name:China Development Asset Management Corporation
(2)Nature:common stock
2.Date of occurrence of the event:2016/03/28
3.Volume, unit price, and total monetary amount of the transaction:
(1)Volume:200,000, 000 common shares
(2)Unit Price:Net value per share of the previous month
end of closing date
(3)Total monetary amount:total amount is multiplied by
(1) and (2); In case of cash dividend paid prior settlement
date, both parties shall adjust unit price for transaction
by deducting the cash dividend per share. The net asset
value of China Development Asset Management Corporation
as at 2016/02/29 is approximately NTD2.52 billion.
4.Counterpart to the trade and its relationship to the Company
(if the trading counterpart is a natural person and furthermore
is not an actual related party of the Company, the name of the
trading counterpart is not required to be disclosed):
(1)Counterpart:China Development Financial Holding
Corporation
(2)Relationship:Parent company which owns 100% of
the company.
5.Where the counterpart to the trade is an actual related party,
a public announcement shall also be made of the reason for choosing
the related party as trading counterpart and the identity of the
previous owner (including its relationship with the company and the
trading counterpart), price of transfer, and date of acquisition:
(1) reason for choosing the related party as trading
counterpart:organization restructure
(2)previous owner:N.A
(3)previous price of transfer and date of
acquisition:N.A
6.Where a person who owned the property within the past five years
has been an actual related person of the company, a public
announcement shall also include the dates and prices of
acquisition and disposal by the related person and the
person’s relationship to the company at those times:N.A
7.Matters related to the creditor's rights currently being disposed
of (including types of collateral of the disposed creditor's rights;
if the creditor's rights are creditor's rights toward a related
person, the name of the related person and the book amount of the
creditor's rights toward such related person currently being
disposed of must also be announced):N.A
8.Anticipated profit or loss from the disposal (not applicable in
cases of acquisition of securities) (where originally deferred, the
status or recognition shall be stated and explained):NTD$0
9.Terms of delivery or payment (including payment period and
monetary amount), restrictive covenants in the contract, and
other important stipulations:remit to designated bank
account within contributory
10.The manner in which the current transaction was decided, the
reference basis for the decision on price, and the decision-making
department:
(1) The manner in which the current transaction was
decided and the reference basis for the decision
on price:Net Value per share of the previous month
end of equity transfer date and an independent opinion
had been issued by PWC
(2)Decision-making department:Board of Directors
11.Current cumulative volume, amount, and shareholding percentage
of holdings of the security being traded (including the current
trade) and status of any restriction of rights (e.g.pledges):
none
12.Current ratio of long or short term securities investment
(including the current trade) to the total assets and shareholder's
equity as shown in the most recent financial statement and the
operating capital as shown in the most recent financial statement:
(1)Total Asset Ratio:72.07%
(2)Shareholders’ Equity Ratio:73.76%
(3)operating capital:N.A
13.Broker and broker's fee:N.A
14.Concrete purpose or use of the acquisition or disposal:
organization restructure.
15.Net worth per share of the underlying securities acquired
or disposed of:NTD$12.61
16.Do the directors have any objection to the present transaction?:
No
17.Has the CPA issued an opinion on the unreasonableness of the price
of the current transaction?: No
18.Any other matters that need to be specified: None
CDF, on behalf of CDIB, announced the Board' s resolution to dispose of China Development Asset Management Corporation
2016-03-28
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