1. Date of Event: 06/25/115 2. Original Announcement Date: 04/23/115 3. Summary of Original Announcement: The company's board of directors resolved to authorize the chairman to carry out a cash capital increase for issuing new shares within a limit of NT$200 million. 4. Reasons for Change and Main Content: Considering that the company's operational funding and capital expenditure requirements have significantly increased beyond expectations, and in light of recent severe volatility in the domestic capital markets, the company intends to apply to the Financial Supervisory Commission for the cancellation of the previously filed and effective cash capital increase and new share issuance plan. The funds required for strengthening operational capital will be met through internal funds and bank borrowings. 5. Impact on Company’s Financial and Business Operations after Change: None 6. Other Matters to be Disclosed: (1) The company's filing for the issuance of 2,000,000 ordinary shares through cash capital increase, with a par value of NT$10 per share, totaling NT$20,000,000, has already become effective upon notification from the Financial Supervisory Commission dated June 16, 115 (FSC-Insider Trading No. 1150345774). (2) This application to cancel the 115 cash capital increase and new share issuance plan has not yet been approved by the Financial Supervisory Commission. A separate announcement will be made upon receipt of the approval letter.
FACT BOX
- Source: PR Times
- Category: Funding
- Dates in source: 115/04/23 / 115/06/16