[USI] Supplementary Announcement on the Record Date for Cash Capital Reduction Resolved by the Board of Directors of Important Subsidiary, Lien-Yu International Investment Co., Ltd.
USI Corporation's important subsidiary has resolved a cash capital reduction. The record date is May 21, and the amount to be reduced is 250 million TWD.
📋 Article Processing Timeline
- 📰 Published: May 19, 2026 at 09:00
- 🔍 Collected: May 20, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 20, 2026 at 08:19 (18 min after Collected)
1. Date of Board of Directors' resolution: May 19, 2026
2. Record date for capital reduction: May 21, 2026
3. Plan for share replacement due to capital reduction: Not applicable
4. Record date for share replacement: N/A
5. Starting date for suspension of transfer: N/A
6. Ending date for suspension of transfer: N/A
7. Rights and obligations of new shares after capital reduction: Same as original shares
8. Expected listing date of new shares: N/A
9. Number of listed ordinary shares after capital reduction: Not applicable
10. Ratio of listed ordinary shares after capital reduction to issued ordinary shares: Not applicable
11. Response measures to low share liquidity if listed ordinary shares are under 60 million and under 25%: Not applicable
12. Other matters to be specified: Supplementary to the announcement dated March 12, 2026.
Capital reduction amount: 250,000,000 TWD
Shares eliminated: 25,000,000 shares
Capital reduction ratio: 2.7223487725%
Capital after reduction: 8,933,246,560 TWD
2. Record date for capital reduction: May 21, 2026
3. Plan for share replacement due to capital reduction: Not applicable
4. Record date for share replacement: N/A
5. Starting date for suspension of transfer: N/A
6. Ending date for suspension of transfer: N/A
7. Rights and obligations of new shares after capital reduction: Same as original shares
8. Expected listing date of new shares: N/A
9. Number of listed ordinary shares after capital reduction: Not applicable
10. Ratio of listed ordinary shares after capital reduction to issued ordinary shares: Not applicable
11. Response measures to low share liquidity if listed ordinary shares are under 60 million and under 25%: Not applicable
12. Other matters to be specified: Supplementary to the announcement dated March 12, 2026.
Capital reduction amount: 250,000,000 TWD
Shares eliminated: 25,000,000 shares
Capital reduction ratio: 2.7223487725%
Capital after reduction: 8,933,246,560 TWD
FAQ
Why is the capital reduction being conducted?
Typically, the goal is to improve capital efficiency and return excess funds to shareholders.
What happens to the shares?
The announcement states that share replacement procedures are 'not applicable'.
What are the next steps?
The procedure is scheduled for completion by the record date of May 21.