(Central News Agency reporter Su Siyun, Taipei, 1st) Sanli’s upper-level shareholders hold the equity of Zhongjia’s upper-level Rongsheng Company, which has stepped on the red line of past burdens. There are rumors in the market that private equity funds are interested in buying Rongsheng’s shares. The NCC said today that there are no special restrictions on the identity and number of buyers, but the list of buyers requesting equity must be approved by the NCC before the end of May. If the buyer involves foreign capital, it must also comply with relevant laws and regulations.
Sanli’s upper-level shareholders bought shares in Zhongjia’s upper-level Rongsheng Company. At the end of January this year, the NCC fined 12 systems under Zhongjia’s subsidiaries a total of NT$14.4 million, and required Hongshun Company, an upper-level company of Zhongjia, to find a buyer by the end of May this year. Complete the equity liquidation.
The National Communications Commission (NCC) held a regular press conference today. There are rumors in the market that private equity funds want to take over the equity of Rongsheng Company. The media is concerned about the difficulty of private equity funds in grasping the final substantial beneficiary, and whether the NCC will agree to foreign capital as a buyer.
NCC deputy chairman and spokesman Weng Baizong said that Hongshun Company, the upper management of Zhongjia, was previously required to submit a buyer list before the end of May, and with the approval of the NCC, the current list has not been reported to the NCC. NCC does not specifically restrict the identity and qualifications of buyers, but whether the buyer is a domestic natural or legal person, or a foreign private equity fund, the NCC must obtain approval.
NCC officials explained that the main considerations for the qualifications of buyers of equity include whether it involves the party, government and military provisions, and whether it violates the relevant additional attachments of China-Jiajia in 2018. In addition, if foreign investment is involved, in addition to being reviewed by the Investment Review Department of the Ministry of Economic Affairs, It must comply with Article 9 of the Cable Broadcasting and Television Act, that is, foreigners’ direct and indirect holdings of the system’s shares should be less than 60%. Direct foreign holders are limited to legal persons, and the total should be less than 20% of the system’s issued shares. . (Editor: Pan Yijing) 1130501
Central News Agency “First-hand News” app
The text, pictures and videos on this website may not be reproduced, publicly broadcast or publicly transmitted and used without authorization.
