1.Name of the related party or principal debtor or the joint and several
guarantor of such party or debtor:CANDO CORPORATION
2.Date of occurrence of the event:2015/11/05
3.Cause of occurrence:
Cando Technology has filed for restructuring
4.Kind of creditor's rights or amount of the endorsement/guarantee and its
ratio to assets:
As of October 31st 2015, TPK has relate party loans of NT$1,005.6 million and loan guarantee on convertible bond of NT$520.2 million to Cando Technology, long-term investment of NT$118.1 million on Cando Technology, which equals to a total of NT$1,644.0 million, represents 1.25% of the Company's 3Q2015 unaudited total assets. As Cando Technology has filed for restructuring today, TPK will follow the proper accounting rules on the above-mentioned amount after evaluating the situation.
5.Whether there are protective measures in respect of the creditor's rights:
TPK will adopt necessary measures accordingly
6.Anticipated possible loss:
Actual loss is yet to be confirmed
7.Countermeasures:TPK will keep an eye on the company's following progress after filing for restructuring
8.Any other matters that need to be specified:NA#
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