[Tong Hsing Electronic] Announcement on Behalf of Subsidiary TONG HSING ELECTRONICS PHILS. INC. Regarding Board Resolution on Cash Capital Increase
Tong Hsing Electronic announced a cash capital increase of PHP 97,760,520 for its Philippine subsidiary to enrich operating capital. The new shares will be fully subscribed by the original shareholder.
📋 Article Processing Timeline
- 📰 Published: April 17, 2026 at 09:00
- 🔍 Collected: April 18, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 18, 2026 at 21:57 (13h 56m after Collected)
1. Date of the board of directors resolution: 2026/04/17
2. Source of capital increase: Additional investment by original shareholder
3. Whether to adopt shelf registration for issuing new shares: N/A
4. Total amount and number of shares to be issued: Total amount: PHP 97,760,520; Number of shares: 1,206,920 shares
5. Details for shelf registration issuance: N/A
6. Remaining amount and shares after shelf registration issuance: N/A
7. Par value per share: PHP 81
8. Issue price: PHP 81
9. Number of shares subscribed by or allocated to employees: N/A
10. Number of shares publicly sold: N/A
11. Proportion of shares subscribed or allotted without consideration by original shareholders: 100%
12. Handling method for fractional shares and shares unsubscribed by the deadline: N/A
13. Rights and obligations of the newly issued shares: Same as the original shares
14. Use of the capital increase funds: To enrich operating capital
15. Other matters needing specification: None
2. Source of capital increase: Additional investment by original shareholder
3. Whether to adopt shelf registration for issuing new shares: N/A
4. Total amount and number of shares to be issued: Total amount: PHP 97,760,520; Number of shares: 1,206,920 shares
5. Details for shelf registration issuance: N/A
6. Remaining amount and shares after shelf registration issuance: N/A
7. Par value per share: PHP 81
8. Issue price: PHP 81
9. Number of shares subscribed by or allocated to employees: N/A
10. Number of shares publicly sold: N/A
11. Proportion of shares subscribed or allotted without consideration by original shareholders: 100%
12. Handling method for fractional shares and shares unsubscribed by the deadline: N/A
13. Rights and obligations of the newly issued shares: Same as the original shares
14. Use of the capital increase funds: To enrich operating capital
15. Other matters needing specification: None