I. Date the punishment was imposed: May 3, 2016
II. Recipient of the punishment: Responsible person of Xxentria Technology Materials Co., Ltd., Cheng○○.
III. Legal basis of the punishment: Article 36-1 of the Securities and Exchange Act, subparagraph (3), paragraph (1) Article 30 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies.
IV. Facts of the violation and reason: The unrealized loss arising from collective contracts regarding derivative financial products as of the end of July 2016, and the unrealized loss arising from individual contracts regarding derivative financial products dated July 10, 2016 and August 10, 2016 by Xxentria Technology Materials Co., Ltd. had respectively reached the ceiling of losses arising from collective and individual contracts. The Company failed to publish and report such event within 2 days from the occurrence. It is deemed as a violation against subparagraph (3), paragraph (1) Article 30 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies.
V. The disciplinary action: An administrative fine of NT$240,000 is imposed on the responsible person of the Company’s conduct pursuant to subparagraph (7), paragraph (1), Article 178and Article 179 of the Securities and Exchange Act.
Contact: Section Chief Mr. Lin, Chia-chang, Corporate Finance Division, Security and Futures Bureau.
Contact number: 2774-7115
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