Synnex(2347TW) BOD on 2017/9/5 resolved to dispose of 28,049,836 shares in Lien Hwa Industrial Corp.(1229TW), in order to increase working capital and to have better return. BOD also resolved to sell the shares to the related parties and the others through block trade, to reduce the impact of stock price.
The transaction has been completed at the price of NT$ 26.25 per share on 2017/9/7. The total amount was NT$ 736 million and the profit taking was NT$ 360 million.