[Radium Life Tech] Important Subsidiary Ridding Water Resources Corp. Announces Board Resolution for Capital Increase from Earnings via Issuance of New Shares
Ridding Water Resources, a major subsidiary of Radium Life Tech, will issue 64,180,000 new shares totaling NT$641.8 million through the conversion of earnings into capital to strengthen its financial structure.
📋 Article Processing Timeline
- 📰 Published: April 24, 2026 at 09:00
- 🔍 Collected: April 25, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 25, 2026 at 10:02 (2h 2m after Collected)
1. Date of Board Resolution: 2026/04/24
2. Source of Capital Increase: Capital increase from earnings
3. Issuance under a General Declaration Case (Yes/No): No
4. Total Amount and Number of Shares (excluding employee allocation): NT$641,800,000 / 64,180,000 shares
5. Issuance Amount and Shares for General Declaration Case: Not applicable
6. Remaining Amount and Shares for General Declaration Case: Not applicable
7. Par Value per Share: NT$10
8. Issue Price: Not applicable
9. Employee Subscription or Allocation: Not applicable
10. Public Sale Shares: Not applicable
11. Subscription or Free Allocation Ratio for Original Shareholders: Free allocation of 88.6586545 shares for every 1,000 shares held
12. Handling of Fractional Shares and Unclaimed Shares: Not applicable
13. Rights and Obligations of the New Shares: Same as original issued common shares
14. Use of the Capital Increase Funds: To strengthen the capital structure
15. Other Matters to be Specified: None.
2. Source of Capital Increase: Capital increase from earnings
3. Issuance under a General Declaration Case (Yes/No): No
4. Total Amount and Number of Shares (excluding employee allocation): NT$641,800,000 / 64,180,000 shares
5. Issuance Amount and Shares for General Declaration Case: Not applicable
6. Remaining Amount and Shares for General Declaration Case: Not applicable
7. Par Value per Share: NT$10
8. Issue Price: Not applicable
9. Employee Subscription or Allocation: Not applicable
10. Public Sale Shares: Not applicable
11. Subscription or Free Allocation Ratio for Original Shareholders: Free allocation of 88.6586545 shares for every 1,000 shares held
12. Handling of Fractional Shares and Unclaimed Shares: Not applicable
13. Rights and Obligations of the New Shares: Same as original issued common shares
14. Use of the Capital Increase Funds: To strengthen the capital structure
15. Other Matters to be Specified: None.