SOFTCARE's Subsidiary Sunmart Enters into Foreign Exchange Forward Contract with Bank

Stock News
06/17

The indirect wholly-owned subsidiary of SOFTCARE (02698), Sunmart, has entered into a foreign exchange forward contract with a bank.

Under the terms of the agreement dated June 15, 2026, Sunmart will sell a total of 29.9 million euros and purchase 34.694 million US dollars on the relevant settlement dates. This transaction is designed to hedge the group's exposure to foreign exchange rate fluctuations affecting its overseas assets.

In connection with the forward contract, Sunmart is required to deposit approximately 14.0701 million yuan in margin with the bank to secure its obligations under the agreement.

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