Cement News

Taiwan Cement : Announcement on behalf of subsidiary, Molie Quantum Energy Corp., of cumulative equipment purchases exceeded NT$1 billion in last 12 months


Provided by: Taiwan Cement Corp.
SEQ_NO 1 Date of announcement 2022/07/29 Time of announcement 19:09:49
 Announcement on behalf of subsidiary, Molie
Quantum Energy Corp., of cumulative equipment purchases
exceeded NT$1 billion in last 12 months
Date of events 2022/07/29 To which item it meets paragraph 20
1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):Molie Quantum Energy Corp., for the
machinery and equipment
2.Date of occurrence of the event:2022/04/15~2022/07/29
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
Automation equipment
Total transaction price (tax excluded): NTD1,035,169 thousand
4.Trading counterparty and its relationship with the Company (if the trading
counterparty is a natural person and furthermore is not a related party of
the Company, the name of the trading counterparty is not required to be
Murata Machinery, Ltd.
Relationship with the Company:Not a related party
5.Where the trading counterparty is a related party, announcement shall also
be made of the reason for choosing the related party as trading counterparty
and the identity of the previous owner, its relationship with the Company
and the trading counterparty, and the previous date and monetary amount of
6.Where an owner of the underlying assets within the past five years has
been a related party of the Company, the announcement shall also include the
date and price of acquisition and disposal by the related party, and its
relationship with the Company at the time of the transaction:N/A
7.Projected gain (or loss) through disposal (not applicable for
acquisition of assets; those with deferral should provide a table
explaining recognition):N/A
8.Terms of delivery or payment (including payment period and
monetary amount), restrictive covenants in the contract,
and other important terms and conditions:
Contract period:From the signing date to the completion acceptance date
Restrictive covenants in the contract:None
Other important terms and conditions:None
9.The manner of deciding on this transaction (such as invitation to tender,
price comparison, or price negotiation), the reference basis for the
decision on price, and the decision-making unit:
The manner of deciding on this transaction:price negotiation
The decision-making unit:According to the company's Limited of authority
10.Name of the professional appraisal firm or company and
its appraisal price:N/A
11.Name of the professional appraiser:N/A
12.Practice certificate number of the professional appraiser:N/A
13.The appraisal report has a limited price, specific price,
or special price:N/A
14.An appraisal report has not yet been obtained:N/A
15.Reason for an appraisal report not being obtained:N/A
16.Reason for any significant discrepancy with the appraisal reports
and opinion of the CPA:N/A
17.Name of the CPA firm:N/A
18.Name of the CPA:N/A
19.Practice certificate number of the CPA:N/A
20.Broker and broker's fee:N/A
21.Concrete purpose or use of the acquisition or disposal:
 for production purposes
22.Any dissenting opinions of directors to the present transaction:N/A
23.Whether the counterparty of the current transaction is a
related party:N/A
24.Date of the board of directors resolution:NA
25.Date of ratification by supervisors or approval by
the audit committee:NA
26.The transaction is to acquire a real property or right-of-use
asset from a related party:N/A
27.The price assessed in accordance with the Article 16 of the
Regulations Governing the Acquisition and Disposal of Assets
by Public Companies:N/A
28.Where the above assessed price is lower than the transaction price,
the price assessed in accordance with the Article 17 of the same
29.Any other matters that need to be specified:None


TCC – Taiwan Cement Corporation published this content on 29 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2022 11:17:09 UTC.

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3 625 M
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Net income 2022 15 663 M
521 M
521 M
Net Debt 2022 63 001 M
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Yield 2022 3,40%
Capitalization 261 B
8 674 M
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EV / Sales 2022 2,97x
EV / Sales 2023 2,82x
Nbr of Employees
Free-Float 79,8%


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