[CWT] Notice to Creditors Regarding Capital Reduction by Cash
CWT International Limited has decided to implement a capital reduction by cash to enhance shareholder equity return and optimize its capital structure. This will reduce the capital by approximately NT$1.089 billion, bringing the total to approximately NT$9.804 billion. Shareholders have the right to object.
📋 Article Processing Timeline
- 📰 Published: June 11, 2026 at 09:00
- 🔍 Collected: June 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 12, 2026 at 17:53 (9h 53m after Collected)
2. Company Name: CWT International Limited
3. Relationship with the Company (Enter 'Parent Company' or 'Subsidiary'): Parent Company
4. Proportion of Cross-Shareholding: Not Applicable
5. Reason for Occurrence: The Company has resolved at the 115th Shareholders' Meeting to proceed with a capital reduction by cash.
6. Measures Taken:
(1) The Company's Shareholders' Meeting on June 11, 115, resolved to proceed with a capital reduction by cash to return shareholder capital, aiming to enhance the return on equity and optimize the capital structure.
(2) The Company's current paid-in capital is NT$10,893,483,280. A cash capital reduction of NT$1,089,348,330 will be made, canceling 108,934,833 common shares. The capital reduction ratio is 10%. Shares will be canceled based on the shareholding ratio recorded in the shareholder registry as of the base date for capital reduction exchange. The paid-in capital after the reduction will be NT$9,804,134,950.
(3) If any shareholder objects to the Company's capital reduction plan, please submit a written objection to the Company within thirty-one days from the date of this announcement, so that it can be handled in accordance with Articles 73 and 74, as applied mutatis mutandis, of the Company Act pursuant to Article 281 of the Company Act. Failure to express an objection within the prescribed period will be deemed as no objection. This notice is hereby given.
7. Other Matters to be Notified (If the subject of the event or resolution is a publicly issuing company or above, and this material information also meets the criteria of Article 7, Paragraph 9 of the Regulations Governing the Tender Offer for Securities of Public Companies, which significantly affects shareholder equity or securities prices): None
FAQ
Why is CWT International Limited conducting a cash capital reduction?
The purpose is to enhance shareholder value and optimize the capital structure, thereby improving capital efficiency and corporate value.
How will shareholders be affected by the cash capital reduction?
Shareholders will have a portion of their shares canceled and receive a refund. The specific impact amount depends on the reduction ratio and the number of shares held.
Will creditors be affected by the cash capital reduction?
A cash capital reduction decreases the amount of capital but does not directly affect creditors' rights. However, the announcement provides an opportunity for objections.
When will this cash capital reduction be completed?
If no objections are filed within 31 days from the announcement date, the process will proceed. The specific completion date depends on future procedures.
What are the main businesses of CWT International Limited?
The company is primarily engaged in manufacturing and selling computer-related products, and has recently focused on advanced technology fields such as digital storage media, AI, and IoT.