【Formosa Plastics】Announcement of Additional Investment in Formosa Tokuyama Advanced Chemicals Co., Ltd.
Formosa Plastics has decided to invest an additional NT$500 million in its affiliate, Formosa Tokuyama Advanced Chemicals, to maintain its 50% equity stake through a cash capital increase.
📋 Article Processing Timeline
- 📰 Published: May 28, 2026 at 09:00
- 🔍 Collected: May 29, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:39 (58h 39m after Collected)
1. Subject: Equity of Formosa Tokuyama Advanced Chemicals. 2. Date of occurrence: 2026/5/28. 3. Board approval date: 2026/5/28. 5. Transaction volume: 50,000,000 shares at NT$10 per share, total NT$500,000,000. 6. Counterparty: Formosa Tokuyama Advanced Chemicals (an affiliate in which the company holds 50%). 7. Reason: Participation in cash capital increase based on the 50% shareholding ratio. 11. Payment terms: Based on the capital requirements of the subsidiary. 14. Cumulative holdings: 157,204,050 shares (50%). 17. Purpose: Long-term investment. 19. Related party transaction: Yes. 20. Audit committee approval date: 2026/5/26.
FAQ
When will this investment be executed?
It will be executed based on the capital requirements of the subsidiary.