【Baguan】Announcement of the Board of Directors' resolution to authorize the Chairman to proceed with a cash capital increase and issuance of new shares within a limit of NT$200 million.
Baguan announced that its Board of Directors has resolved to authorize the Chairman to proceed with a cash capital increase and issuance of new shares within a limit of NT$200 million. This will result in a maximum total issuance amount of NT$20 million and a maximum of 2 million common shares, primarily aimed at strengthening working capital.
📋 Article Processing Timeline
- 📰 Published: April 23, 2026 at 09:00
- 🔍 Collected: April 24, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 24, 2026 at 08:52 (52 min after Collected)
1. Date of board resolution: 115/04/23
2. Source of capital increase funds: Cash capital increase and issuance of new shares
3. Whether to adopt comprehensive registration for new share issuance (If yes, please specify the planned issuance period/No): No
4. Total issuance amount and number of shares for the entire case (If it is a capital increase from earnings or capital reserves, the number of shares does not include those allocated to employees): Maximum total issuance amount of NT$20,000 thousand, maximum of 2,000 thousand common shares.
5. For cases adopting comprehensive registration for new share issuance, the issuance amount and number of shares for this time: Not applicable
6. For cases adopting comprehensive registration for new share issuance, the remaining amount and number of shares after this issuance: Not applicable
7. Par value per share: NT$10
8. Issue price: The issue price will be determined by the Chairman, authorized by the Board of Directors, with reference to market conditions, and the Chairman is authorized to apply to the competent authority within the year 115.
9. Number of shares subscribed by employees or allocated amount: In accordance with Article 267 of the Company Act, 10% is reserved for subscription by the company's employees.
10. Public offering shares: 10% will be offered for public subscription.
11. Proportion of subscription by original shareholders or free allocation: 80% will be subscribed by original shareholders according to their shareholding ratio as recorded in the shareholder register on the record date for capital increase.
12. Handling of odd lots and unsubscribed shares after the deadline:
Odd lots of less than one share subscribed by original shareholders may be registered and combined with the company's stock transfer agent within five days from the book closure date. Odd lots not registered or combined within the deadline, and shares that original shareholders and employees waive their subscription rights or subscribe less than their allocated amount, will be offered to specific individuals for subscription at the issue price, as authorized by the Board of Directors to the Chairman.
13. Rights and obligations of the new shares issued this time: Same as the originally issued common shares.
14. Purpose of this capital increase: To strengthen working capital.
15. Other matters that need to be specified:
(1) Important contents of this cash capital increase, including source of funds, actual issuance plan, project items, planned progress of fund utilization, estimated possible benefits, and other related matters. If instructed by the competent authority, relevant laws and regulations are amended, or in response to changes in financial market conditions or objective circumstances, the Chairman is authorized to handle all matters.
2. Source of capital increase funds: Cash capital increase and issuance of new shares
3. Whether to adopt comprehensive registration for new share issuance (If yes, please specify the planned issuance period/No): No
4. Total issuance amount and number of shares for the entire case (If it is a capital increase from earnings or capital reserves, the number of shares does not include those allocated to employees): Maximum total issuance amount of NT$20,000 thousand, maximum of 2,000 thousand common shares.
5. For cases adopting comprehensive registration for new share issuance, the issuance amount and number of shares for this time: Not applicable
6. For cases adopting comprehensive registration for new share issuance, the remaining amount and number of shares after this issuance: Not applicable
7. Par value per share: NT$10
8. Issue price: The issue price will be determined by the Chairman, authorized by the Board of Directors, with reference to market conditions, and the Chairman is authorized to apply to the competent authority within the year 115.
9. Number of shares subscribed by employees or allocated amount: In accordance with Article 267 of the Company Act, 10% is reserved for subscription by the company's employees.
10. Public offering shares: 10% will be offered for public subscription.
11. Proportion of subscription by original shareholders or free allocation: 80% will be subscribed by original shareholders according to their shareholding ratio as recorded in the shareholder register on the record date for capital increase.
12. Handling of odd lots and unsubscribed shares after the deadline:
Odd lots of less than one share subscribed by original shareholders may be registered and combined with the company's stock transfer agent within five days from the book closure date. Odd lots not registered or combined within the deadline, and shares that original shareholders and employees waive their subscription rights or subscribe less than their allocated amount, will be offered to specific individuals for subscription at the issue price, as authorized by the Board of Directors to the Chairman.
13. Rights and obligations of the new shares issued this time: Same as the originally issued common shares.
14. Purpose of this capital increase: To strengthen working capital.
15. Other matters that need to be specified:
(1) Important contents of this cash capital increase, including source of funds, actual issuance plan, project items, planned progress of fund utilization, estimated possible benefits, and other related matters. If instructed by the competent authority, relevant laws and regulations are amended, or in response to changes in financial market conditions or objective circumstances, the Chairman is authorized to handle all matters.