1.  Date of punishment: June 17, 2021
2.  Objects of punishment: XX Wong, the former responsible person of Enterex International Limited.
3.  Legal basis for the punishment: Article 165-1 of the Securities and Exchange Act which applies mutatis mutandis to paragraph 8 of Article 26-3, subparagraphs 9, paragraph 1 of Article 178 and Article 179 of the same Act, and paragraph 1, Article 16 of the Regulations Governing Procedure for Board of Directors Meetings of Public Companies.
4.  Fact of law violation: XX Wong, the former responsible person of Enterex International Limited (hereinafter referred to as “Enterex”), concurrently serves as a director of Vision (Yangzhou) Auto Parts Industrial Co., Ltd. (hereinafter referred to as “Vision (Yangzhou) Auto Parts”). However, during the board meeting of Enterex on March 22, 2021, in the process of ratifying the loan extension to Vision (Yangzhou) Auto Parts by Yang Zhou Enterex Auto Parts Industrial Co., Ltd. (hereinafter referred to as “Yang Zhou Enterex”), an important subsidiary of Enterex, he did not provide an explanation of the company’s interest in the motion and did not avoid the discussion and voting. These are verified to have violated the provisions of Article 165-1 of the Securities and Exchange Act which applies mutatis mutandis to paragraph 8 of Article 26-3 of the same Act, and paragraph 1, Article 16 of the Regulations Governing Procedure for Board of Directors Meetings of Public Companies.
5.  Punishment imposed: A fine of NT$240,000 is imposed on the former responsible person of Enterex in accordance with the provisions of subparagraphs 9, paragraph 1 of Article 178 and Article 179 of the Securities and Exchange Act.

If you have any questions, please write to: FSCMAIL