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Chunghwa Investment Company Invests NT$300 Million in Quanta Computer Stock

Chunghwa Investment Company Invests NT$300 Million in Quanta Computer Stock

Chunghwa Investment Company (2323) has announced that it acquired Quanta Computer (2454) common stock, with the transaction taking place from April 11 to April 22, totaling 1,512,000 shares at a price of NT$225.52 per share, amounting to NT$340.99639 million.

According to Chunghwa's Financial Department Assistant Manager, Chen Junwei, the purpose of this acquisition is to optimize their investment portfolio and is not a related party transaction, hence does not require Board approval. Currently, Chunghwa holds 1,971,000 shares of Quanta Computer, representing an ownership percentage of 0.051%.

Additionally, based on the latest financial reports, the company’s investment in securities constitutes 72.97% of total assets, showing the significance of its asset management. Chunghwa's operational capital stands at NT$7.4423 billion, indicating good cash management capabilities.

Chunghwa emphasizes that this transaction has received no objections from directors and aims to optimize its investment portfolio structure to achieve long-term capital gains. The company will continue to monitor market trends for timely asset allocation adjustments in line with overall operational strategies.