Taishin Venture Capital Announces Capital Reduction to Cover Losses
Key facts
- Taishin Venture Capital Announces Capital Reduction to Cover Losses
- Taishin Venture Capital is reducing its capital by NT$4.373 billion (61.25%), bringing the total capital to NT$2.767 billion, to compensate for losses. This move aims to strengthen the company's financial standing.
- Source: PR Times
- Date: April 15, 2026
Direct answer
Taishin Venture Capital is reducing its capital by NT$4.373 billion (61.25%), bringing the total capital to NT$2.767 billion, to compensate for losses. This move aims to strengthen the company's financial standing.
- Citation
- Taishin Venture Capital Announces Capital Reduction to Cover Losses (April 15, 2026), PR Times
- Source
- PR Times
- Date
- April 15, 2026
Taishin Venture Capital is reducing its capital by NT$4.373 billion (61.25%), bringing the total capital to NT$2.767 billion, to compensate for losses. This move aims to strengthen the company's financial standing.
📋 Article Processing Timeline
- 📰 Published: April 15, 2026 at 09:00
- 🔍 Collected: April 16, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 19, 2026 at 02:50 (66h 50m after Collected)
1. Date of event: 115/04/15
2. Company Name: Taishin Venture Capital Co., Ltd.
3. Relationship with parent company: Subsidiary
4. Shareholding ratio: 100%
5. Reason for event: The company's board of directors, acting as the shareholders' meeting, approved a capital reduction to cover losses.
6. Measures taken:
(1) In accordance with Article 281 of the Company Act, read in conjunction with Article 73, a notice to creditors regarding the capital reduction is being issued.
(2) The company's shareholders' meeting on April 15, 115 (Republic of China calendar) approved a capital reduction to cover losses, amounting to NT$4,373,913,300, by canceling 437,391,330 shares. The capital reduction ratio is 61.25%, with the post-reduction paid-in capital being NT$2,767,013,580.
(3) If creditors of Taishin Venture Capital Co., Ltd. have any objections to this capital reduction, they must submit them in writing to the company within thirty-one days from the day after the publication of this announcement. Failure to express objections within the period will be deemed as no objection, and this announcement is hereby made.
7. Other matters to be disclosed (If the subject of the event or resolution is a publicly issuing company or above, this material information also meets the requirements of Article 7, Paragraph 9 of the Securities Transaction Act Enforcement Rules for matters that have a significant impact on shareholder equity or security prices): None.
Keywords: Material Information
2. Company Name: Taishin Venture Capital Co., Ltd.
3. Relationship with parent company: Subsidiary
4. Shareholding ratio: 100%
5. Reason for event: The company's board of directors, acting as the shareholders' meeting, approved a capital reduction to cover losses.
6. Measures taken:
(1) In accordance with Article 281 of the Company Act, read in conjunction with Article 73, a notice to creditors regarding the capital reduction is being issued.
(2) The company's shareholders' meeting on April 15, 115 (Republic of China calendar) approved a capital reduction to cover losses, amounting to NT$4,373,913,300, by canceling 437,391,330 shares. The capital reduction ratio is 61.25%, with the post-reduction paid-in capital being NT$2,767,013,580.
(3) If creditors of Taishin Venture Capital Co., Ltd. have any objections to this capital reduction, they must submit them in writing to the company within thirty-one days from the day after the publication of this announcement. Failure to express objections within the period will be deemed as no objection, and this announcement is hereby made.
7. Other matters to be disclosed (If the subject of the event or resolution is a publicly issuing company or above, this material information also meets the requirements of Article 7, Paragraph 9 of the Securities Transaction Act Enforcement Rules for matters that have a significant impact on shareholder equity or security prices): None.
Keywords: Material Information
FAQ
What is the reason behind the capital reduction approved by the board of directors of Taishin Venture Capital Co., Ltd.?
The board of directors, acting as the shareholders' meeting, approved the capital reduction to cover losses.
What is the total amount of capital reduction and the number of shares canceled by the company?
The capital reduction amounts to NT$4,373,913,300 by canceling 437,391,330 shares of the company.
What is the post-reduction paid-in capital of Taishin Venture Capital Co., Ltd.?
The post-reduction paid-in capital of the company is NT$2,767,013,580 after the capital reduction.
What is the capital reduction ratio approved during the meeting on April 15, 115?
The capital reduction ratio for Taishin Venture Capital Co., Ltd. is approved to be 61.25 percent.
Within how many days must creditors submit written objections to the capital reduction?
Creditors must submit their objections in writing within thirty-one days from the day after this announcement.