On behalf of WPG subsidiary Asian Information Technology Inc. announces the judgment for vice president of finance violated the Securities and Exchange Act
2019-05-20
1.Parties to the legal matter:Carrie Huang
2.Name of the court or disposing agency:
Taiwan Taipei District Court
3.Reference/case numbers of relevant documents:108 financial litigation No.9
4.Date of occurrence of the event:2019/05/21
5.Background and circumstances of the matter (including the property/subject
matter under dispute):Vice president of finance of subsidiary Asian
Information Technology Inc. was sentenced to probation by Taiwan
Taipei District Court since violated Article 171 Paragraph 1 Subparagrap 1
of Securities and Exchange Act
6.Course and progression of handling of the matter:shall be dealt with and
comply with the relevant regulations
7.Effect on company finances and business and estimated monetary amount of
the effect:No effect on company finances and business
8.Countermeasures and status of amelioration:None
9.Any other matters that need to be specified:None