Eastern Company's Board of Directors Resolves to Conduct Cash Capital Increase by Issuing Common Shares
Eastern Company's Board of Directors resolved on May 12, 2026, to conduct a cash capital increase by issuing common shares. It plans to issue 125 million shares, raising a total of TWD 2 billion. The funds will be used to replenish operating capital, repay bank loans, and strengthen the financial structure.
📋 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 09:27 (1h 27m after Collected)
1. Date of Board of Directors resolution: 2026/05/12
2. Source of capital increase funds: Cash capital increase by issuing new shares
3. Whether to adopt an overall registration for issuing new shares (yes, please also state the planned issuance period / no): No
4. Total issuance amount and number of shares for the entire case (if it is a capital increase from earnings or capital reserves, the number of shares issued does not include those allocated to employees):
Total issuance amount for the entire case: NTD 2,000,000,000; total number of shares issued: 125,000,000 shares.
5. For cases adopting an overall registration for issuing new shares, the amount and number of shares for this issuance: Not applicable
6. For cases adopting an overall registration for issuing new shares, the remaining amount and number of shares after this issuance: Not applicable
7. Par value per share: NTD 10
8. Issue price: Tentatively NTD 16 per share
(The actual issue price and fundraising amount shall be jointly determined by the chairman within the price range authorized by the Board of Directors, in accordance with relevant laws and regulations, after approval by the competent authority, and in consultation with the lead underwriter based on market conditions at the time.)
9. Number of shares subscribed by employees or allocation amount: 10% of the total new shares issued, totaling 12,500,000 shares
10. Number of shares for public sale: 10% of the total new shares issued, totaling 12,500,000 shares
11. Subscription ratio for original shareholders or free allocation: 80% of the total new shares issued, totaling 100,000,000 shares
12. Handling of odd lots and unsubscribed shares after the deadline: For odd lots of less than one share subscribed by original shareholders, shareholders may combine them within five days from the book closure date. For shares unsubscribed by original shareholders and employees, or odd lots of less than one share, the chairman is authorized to negotiate with specific parties for subscription.
13. Rights and obligations of these new shares: Same as existing issued shares.
14. Purpose of this capital increase: Replenish operating capital, repay bank loans, strengthen financial structure.
15. Other matters to be specified:
After the case is reported and becomes effective with the competent authority, the chairman is authorized to set the record date for capital increase, issue price, number of shares, issuance conditions, and fundraising amount within the price range authorized by the Board of Directors, and handle related matters concerning the capital increase and issuance in accordance with relevant laws and regulations.
2. Source of capital increase funds: Cash capital increase by issuing new shares
3. Whether to adopt an overall registration for issuing new shares (yes, please also state the planned issuance period / no): No
4. Total issuance amount and number of shares for the entire case (if it is a capital increase from earnings or capital reserves, the number of shares issued does not include those allocated to employees):
Total issuance amount for the entire case: NTD 2,000,000,000; total number of shares issued: 125,000,000 shares.
5. For cases adopting an overall registration for issuing new shares, the amount and number of shares for this issuance: Not applicable
6. For cases adopting an overall registration for issuing new shares, the remaining amount and number of shares after this issuance: Not applicable
7. Par value per share: NTD 10
8. Issue price: Tentatively NTD 16 per share
(The actual issue price and fundraising amount shall be jointly determined by the chairman within the price range authorized by the Board of Directors, in accordance with relevant laws and regulations, after approval by the competent authority, and in consultation with the lead underwriter based on market conditions at the time.)
9. Number of shares subscribed by employees or allocation amount: 10% of the total new shares issued, totaling 12,500,000 shares
10. Number of shares for public sale: 10% of the total new shares issued, totaling 12,500,000 shares
11. Subscription ratio for original shareholders or free allocation: 80% of the total new shares issued, totaling 100,000,000 shares
12. Handling of odd lots and unsubscribed shares after the deadline: For odd lots of less than one share subscribed by original shareholders, shareholders may combine them within five days from the book closure date. For shares unsubscribed by original shareholders and employees, or odd lots of less than one share, the chairman is authorized to negotiate with specific parties for subscription.
13. Rights and obligations of these new shares: Same as existing issued shares.
14. Purpose of this capital increase: Replenish operating capital, repay bank loans, strengthen financial structure.
15. Other matters to be specified:
After the case is reported and becomes effective with the competent authority, the chairman is authorized to set the record date for capital increase, issue price, number of shares, issuance conditions, and fundraising amount within the price range authorized by the Board of Directors, and handle related matters concerning the capital increase and issuance in accordance with relevant laws and regulations.