Cang You: Board of Directors Resolves to Increase Capital in Malaysian Subsidiary
Cang You's Board of Directors has resolved to conduct a USD 2.2 million cash capital increase for its Malaysian subsidiary, YORU TECH SDN. BHD., to support its plant construction needs. This will bring the cumulative investment in the subsidiary to USD 8.8 million.
📋 Article Processing Timeline
- 📰 Published: May 6, 2026 at 09:00
- 🔍 Collected: May 7, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 7, 2026 at 08:36 (36 min after Collected)
1. Name and Nature of the Object (for preferred shares, issuance terms such as dividend rate should also be specified): The Company's capital increase in YORU TECH SDN. BHD. (hereinafter referred to as YORU)
2. Date of Occurrence of the Event: 115/5/6~115/5/6 (ROC calendar)
3. Date of Board of Directors' Resolution: May 6, 115 (ROC calendar)
4. Other Resolution Dates: Not applicable
5. Quantity of Transaction, Unit Price, and Total Transaction Amount: The Company will make a cash capital increase of USD 2.2 million in its subsidiary YORU.
6. Counterparty of the Transaction and its Relationship with the Company (if the counterparty is a natural person and not a related party of the company, disclosure of their name may be omitted): YORU is a subsidiary in which the Company directly holds 55% of the shares.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner of the transfer, the relationship between the previous owner and the Company and the counterparty, the previous transfer date, and transfer amount should also be disclosed: Not applicable.
8. If the ownership of the transaction object has been a related party of the Company within the past five years, the acquisition and disposal dates, prices, and relationship with the Company at the time of the transaction of the related party should also be disclosed: Not applicable.
9. Matters related to the disposal of receivables (including the type of collateral attached to the receivables, and if the receivables are owed by a related party, the name of the related party and the book value of the receivables being disposed of should also be disclosed): Not applicable.
10. Disposal gains (or losses) (not applicable to acquisition of securities) (if deferred, a list should explain the recognition status): Not applicable.
11. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreements: Not applicable.
12. Decision Method, Reference Basis for Price Determination, and Decision-Making Unit for this Transaction: Board of Directors.
13. Net Value Per Share of the Acquired or Disposed Securities Company: Not applicable.
14. As of now, the cumulative number, amount, shareholding ratio, and restrictions on rights (e.g., pledge status) of the securities held (including this transaction): 1. Amount: USD 8.8 million; 2. Company's shareholding ratio: 55%.
15. As of now, the proportion of investment in marketable securities (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition or Disposal of Assets by Public Companies" to the Company's most recent financial report's total assets and equity attributable to owners of the parent, and the amount of working capital in the most recent financial report (Note 2): Proportion to total assets in the Company's most recent financial report: 16%; Proportion to equity attributable to owners of the parent in the Company's most recent financial report: 19%; Working capital amount in the most recent financial report: NT$580,959 thousand.
16. Broker and Brokerage Fees: Not applicable.
17. Specific Purpose or Use of Acquisition or Disposal: To meet the plant construction needs of the subsidiary YORU TECH SDN. BHD..
18. Opinions of Dissenting Directors on this Transaction: None.
19. This transaction is a related party transaction: Yes.
20. Date of Approval by Supervisors or Audit Committee: May 6, 115 (ROC calendar).
21. The accountant did not issue an unreasonable opinion on this transaction: No.
22. Accounting Firm Name: Not applicable.
23. Accountant Name: Not applicable.
24. Accountant's License Number: Not applicable.
25. Does it involve a change in operating model: No.
26. Explanation of change in operating model: Not applicable.
27. Transaction status with the counterparty in the past year and expected next year: Not applicable.
28. Source of Funds: Own funds or bank loans.
29. Date of previous significant announcement on the same event: Not applicable.
30. Other Explanations: The Company holds 55% of the shares and plans to subscribe for this capital increase in proportion. This time, an additional USD 2.2 million will be invested (cumulative total investment reaching USD 8.8 million), with the remaining 45% of shares subscribed proportionally by joint venture partners.
2. Date of Occurrence of the Event: 115/5/6~115/5/6 (ROC calendar)
3. Date of Board of Directors' Resolution: May 6, 115 (ROC calendar)
4. Other Resolution Dates: Not applicable
5. Quantity of Transaction, Unit Price, and Total Transaction Amount: The Company will make a cash capital increase of USD 2.2 million in its subsidiary YORU.
6. Counterparty of the Transaction and its Relationship with the Company (if the counterparty is a natural person and not a related party of the company, disclosure of their name may be omitted): YORU is a subsidiary in which the Company directly holds 55% of the shares.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner of the transfer, the relationship between the previous owner and the Company and the counterparty, the previous transfer date, and transfer amount should also be disclosed: Not applicable.
8. If the ownership of the transaction object has been a related party of the Company within the past five years, the acquisition and disposal dates, prices, and relationship with the Company at the time of the transaction of the related party should also be disclosed: Not applicable.
9. Matters related to the disposal of receivables (including the type of collateral attached to the receivables, and if the receivables are owed by a related party, the name of the related party and the book value of the receivables being disposed of should also be disclosed): Not applicable.
10. Disposal gains (or losses) (not applicable to acquisition of securities) (if deferred, a list should explain the recognition status): Not applicable.
11. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreements: Not applicable.
12. Decision Method, Reference Basis for Price Determination, and Decision-Making Unit for this Transaction: Board of Directors.
13. Net Value Per Share of the Acquired or Disposed Securities Company: Not applicable.
14. As of now, the cumulative number, amount, shareholding ratio, and restrictions on rights (e.g., pledge status) of the securities held (including this transaction): 1. Amount: USD 8.8 million; 2. Company's shareholding ratio: 55%.
15. As of now, the proportion of investment in marketable securities (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition or Disposal of Assets by Public Companies" to the Company's most recent financial report's total assets and equity attributable to owners of the parent, and the amount of working capital in the most recent financial report (Note 2): Proportion to total assets in the Company's most recent financial report: 16%; Proportion to equity attributable to owners of the parent in the Company's most recent financial report: 19%; Working capital amount in the most recent financial report: NT$580,959 thousand.
16. Broker and Brokerage Fees: Not applicable.
17. Specific Purpose or Use of Acquisition or Disposal: To meet the plant construction needs of the subsidiary YORU TECH SDN. BHD..
18. Opinions of Dissenting Directors on this Transaction: None.
19. This transaction is a related party transaction: Yes.
20. Date of Approval by Supervisors or Audit Committee: May 6, 115 (ROC calendar).
21. The accountant did not issue an unreasonable opinion on this transaction: No.
22. Accounting Firm Name: Not applicable.
23. Accountant Name: Not applicable.
24. Accountant's License Number: Not applicable.
25. Does it involve a change in operating model: No.
26. Explanation of change in operating model: Not applicable.
27. Transaction status with the counterparty in the past year and expected next year: Not applicable.
28. Source of Funds: Own funds or bank loans.
29. Date of previous significant announcement on the same event: Not applicable.
30. Other Explanations: The Company holds 55% of the shares and plans to subscribe for this capital increase in proportion. This time, an additional USD 2.2 million will be invested (cumulative total investment reaching USD 8.8 million), with the remaining 45% of shares subscribed proportionally by joint venture partners.