【Shin Kong】(On behalf of) Subsidiary Le Li Co. Cash Capital Increase to 100% Owned Subsidiary Delight Way Limited by USD 40 Million.
Shin Kong announced a USD 40 million cash capital increase to its wholly-owned subsidiary, Delight Way Limited. This investment is for the purpose of purchasing vessels, supporting the subsidiary's business expansion.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 14, 2026 at 09:17 (1h 17m after Collected)
1. Name and Nature of Target Object (for preferred shares, issuance conditions such as dividend rate should also be specified): Cash capital increase.
2. Date of Occurrence of Fact: 2026/5/13~2026/5/13
3. Date of Board of Directors' Approval: May 13, 2026.
4. Other Approval Dates: Not applicable.
5. Transaction Volume, Unit Price, and Total Transaction Amount: No par value shares, USD 40 million.
6. Counterparty and Relationship with the Company (if the counterparty is a natural person and not a related party of the company, their name may be omitted): Delight Way Limited, a 100% owned grandchild company of the Company.
7. If the counterparty is a related party, the reasons for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and the transfer amount should also be announced: Not applicable.
8. If the ownership of the transaction object has been a related party of the company within the past five years, the acquisition and disposal dates, prices, and relationship with the company at the time of the transaction should also be announced: Not applicable.
9. Matters related to the disposal of receivables (including the type of collateral attached to the receivables, and if the disposed receivables belong to related party receivables, the name of the related party and the book value of the related party's receivables in this disposal should also be announced): Not applicable.
10. Disposal gains (or losses) (not applicable for acquisition of securities) (for deferred items, the recognition status should be listed and explained): Not applicable.
11. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreements: Payment period and amount authorized by the Board of Directors.
12. Method of this transaction's decision, reference basis for price decision, and decision-making unit: Resolution by the Board of Directors.
13. Net asset value per share of the acquired or disposed securities company: Not applicable.
14. As of now, the accumulated quantity, amount, shareholding ratio, and restrictions on rights (such as pledges) of the securities in this transaction (including this transaction): 500 shares, USD 40,010,000, 100% shareholding, no pledges.
15. As of now, the proportion of investment in securities (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition or Disposal of Assets by Public Companies" to the total assets and equity attributable to owners of the parent company in the latest financial report, and the working capital amount in the latest financial report (Note 2):
Proportion to total assets in the latest parent company financial report: 5.66%
Proportion to equity attributable to owners of the parent company: 7.11%
Working capital amount in the latest parent company financial report: NTD -4,104,412 thousand.
16. Broker and brokerage fees: None.
17. Specific purpose or use of acquisition or disposal: Purchase of vessels.
18. Opinions of dissenting directors on this transaction: None.
19. Is this transaction a related party transaction: No.
20. Date of approval by supervisors or audit committee: Not applicable.
21. Accountant issued an unreasonable opinion on this transaction: Not applicable.
22. Name of accounting firm: Not applicable.
23. Name of accountant: Not applicable.
24. Accountant's license number: Not applicable.
25. Does it involve changes in operating model: No.
26. Explanation of operating model changes: Not applicable.
27. Transaction status with the counterparty in the past year and expected next year: Not applicable.
28. Source of funds: Not applicable.
29. Date of previous material information announcement on the same event: Not applicable.
30. Other matters to be specified:
Working capital amount in the latest financial report: NTD -4,104,412 thousand.
Consolidated report working capital NTD 4,549,788 thousand. This investment is conducted through centralized capital allocation by the group, with no concern for insufficient funds.
2. Date of Occurrence of Fact: 2026/5/13~2026/5/13
3. Date of Board of Directors' Approval: May 13, 2026.
4. Other Approval Dates: Not applicable.
5. Transaction Volume, Unit Price, and Total Transaction Amount: No par value shares, USD 40 million.
6. Counterparty and Relationship with the Company (if the counterparty is a natural person and not a related party of the company, their name may be omitted): Delight Way Limited, a 100% owned grandchild company of the Company.
7. If the counterparty is a related party, the reasons for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and the transfer amount should also be announced: Not applicable.
8. If the ownership of the transaction object has been a related party of the company within the past five years, the acquisition and disposal dates, prices, and relationship with the company at the time of the transaction should also be announced: Not applicable.
9. Matters related to the disposal of receivables (including the type of collateral attached to the receivables, and if the disposed receivables belong to related party receivables, the name of the related party and the book value of the related party's receivables in this disposal should also be announced): Not applicable.
10. Disposal gains (or losses) (not applicable for acquisition of securities) (for deferred items, the recognition status should be listed and explained): Not applicable.
11. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreements: Payment period and amount authorized by the Board of Directors.
12. Method of this transaction's decision, reference basis for price decision, and decision-making unit: Resolution by the Board of Directors.
13. Net asset value per share of the acquired or disposed securities company: Not applicable.
14. As of now, the accumulated quantity, amount, shareholding ratio, and restrictions on rights (such as pledges) of the securities in this transaction (including this transaction): 500 shares, USD 40,010,000, 100% shareholding, no pledges.
15. As of now, the proportion of investment in securities (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition or Disposal of Assets by Public Companies" to the total assets and equity attributable to owners of the parent company in the latest financial report, and the working capital amount in the latest financial report (Note 2):
Proportion to total assets in the latest parent company financial report: 5.66%
Proportion to equity attributable to owners of the parent company: 7.11%
Working capital amount in the latest parent company financial report: NTD -4,104,412 thousand.
16. Broker and brokerage fees: None.
17. Specific purpose or use of acquisition or disposal: Purchase of vessels.
18. Opinions of dissenting directors on this transaction: None.
19. Is this transaction a related party transaction: No.
20. Date of approval by supervisors or audit committee: Not applicable.
21. Accountant issued an unreasonable opinion on this transaction: Not applicable.
22. Name of accounting firm: Not applicable.
23. Name of accountant: Not applicable.
24. Accountant's license number: Not applicable.
25. Does it involve changes in operating model: No.
26. Explanation of operating model changes: Not applicable.
27. Transaction status with the counterparty in the past year and expected next year: Not applicable.
28. Source of funds: Not applicable.
29. Date of previous material information announcement on the same event: Not applicable.
30. Other matters to be specified:
Working capital amount in the latest financial report: NTD -4,104,412 thousand.
Consolidated report working capital NTD 4,549,788 thousand. This investment is conducted through centralized capital allocation by the group, with no concern for insufficient funds.