【STARLUX Airlines】Announcement: Board Resolution on Cash Capital Increase through New Share Issuance
STARLUX Airlines' board of directors resolved to issue new shares for a cash capital increase. The company plans to issue up to 300 million common shares, with a total face value of NT$3 billion, to repay bank loans and bolster working capital.
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 13, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 08:59 (58 min after Collected)
1. Date of board resolution: 115/05/12
2. Source of capital increase: Cash capital increase through new share issuance.
3. Whether to adopt shelf registration for new shares (Yes, please specify the planned issuance period/No): No
4. Total amount and number of shares to be issued (If for retained earnings or capital reserve increase, the number of shares does not include those allocated to employees): The company plans to issue up to 300,000 thousand common shares, with a par value of NT$10 per share, totaling NT$3,000,000 thousand in face value.
5. For shelf registration cases, the amount and number of shares issued this time: Not applicable.
6. For shelf registration cases, the remaining amount and number of shares after this issuance: Not applicable.
7. Par value per share: NT$10.
8. Issue price: The actual issue price will be deliberated and agreed upon by the board of directors (or authorized by the chairman) with the underwriters based on market conditions, the board's approved terms, Article 6 of the underwriter's self-regulatory rules, and other relevant laws and regulations, after the application is approved by the Financial Supervisory Commission.
9. Employee subscription shares or allocation amount: 10% of the total new shares issued, amounting to 30,000 thousand shares, will be subscribed by the company's employees.
10. Public offering shares: 10% of the total new shares issued, amounting to 30,000 thousand shares, will be publicly offered.
11. Proportion for existing shareholders' subscription or free distribution: 80% of the total new shares issued, amounting to 240,000 thousand shares, will be subscribed by existing shareholders proportionally based on their shareholdings recorded in the shareholder register on the record date.
12. Handling of odd lots and unsubscribed shares: Odd lots less than one share can be combined into a whole share by shareholders at the company's stock transfer agent within five days from the book closure date. Shares unsubscribed by existing shareholders and employees, or odd lots that cannot be combined, will be authorized to the chairman to negotiate with specific individuals for subscription at the issue price.
13. Rights and obligations of new shares issued this time: Same as the previously issued common shares.
14. Purpose of this capital increase: Repayment of bank loans and replenishment of working capital.
15. Other matters to be specified:
(1) The board of directors authorizes the chairman to handle all matters related to this cash capital increase, such as the number of shares issued, issue price, issuance terms, fundraising amount, capital plan usage and progress, estimated potential benefits, payment period for shares, extension and revocation of this case, and other related matters, if corrections or adjustments are required due to legal regulations, approval by the competent authority, operational evaluation, or objective environmental changes.
(2) After the cash capital increase case is reported to and approved by the competent authority, the board of directors authorizes the chairman to handle relevant underwriting operations, such as book closure dates, various record dates, actual issue price, and other unfinished matters, in accordance with relevant laws and regulations based on actual circumstances.
2. Source of capital increase: Cash capital increase through new share issuance.
3. Whether to adopt shelf registration for new shares (Yes, please specify the planned issuance period/No): No
4. Total amount and number of shares to be issued (If for retained earnings or capital reserve increase, the number of shares does not include those allocated to employees): The company plans to issue up to 300,000 thousand common shares, with a par value of NT$10 per share, totaling NT$3,000,000 thousand in face value.
5. For shelf registration cases, the amount and number of shares issued this time: Not applicable.
6. For shelf registration cases, the remaining amount and number of shares after this issuance: Not applicable.
7. Par value per share: NT$10.
8. Issue price: The actual issue price will be deliberated and agreed upon by the board of directors (or authorized by the chairman) with the underwriters based on market conditions, the board's approved terms, Article 6 of the underwriter's self-regulatory rules, and other relevant laws and regulations, after the application is approved by the Financial Supervisory Commission.
9. Employee subscription shares or allocation amount: 10% of the total new shares issued, amounting to 30,000 thousand shares, will be subscribed by the company's employees.
10. Public offering shares: 10% of the total new shares issued, amounting to 30,000 thousand shares, will be publicly offered.
11. Proportion for existing shareholders' subscription or free distribution: 80% of the total new shares issued, amounting to 240,000 thousand shares, will be subscribed by existing shareholders proportionally based on their shareholdings recorded in the shareholder register on the record date.
12. Handling of odd lots and unsubscribed shares: Odd lots less than one share can be combined into a whole share by shareholders at the company's stock transfer agent within five days from the book closure date. Shares unsubscribed by existing shareholders and employees, or odd lots that cannot be combined, will be authorized to the chairman to negotiate with specific individuals for subscription at the issue price.
13. Rights and obligations of new shares issued this time: Same as the previously issued common shares.
14. Purpose of this capital increase: Repayment of bank loans and replenishment of working capital.
15. Other matters to be specified:
(1) The board of directors authorizes the chairman to handle all matters related to this cash capital increase, such as the number of shares issued, issue price, issuance terms, fundraising amount, capital plan usage and progress, estimated potential benefits, payment period for shares, extension and revocation of this case, and other related matters, if corrections or adjustments are required due to legal regulations, approval by the competent authority, operational evaluation, or objective environmental changes.
(2) After the cash capital increase case is reported to and approved by the competent authority, the board of directors authorizes the chairman to handle relevant underwriting operations, such as book closure dates, various record dates, actual issue price, and other unfinished matters, in accordance with relevant laws and regulations based on actual circumstances.