[Eastern Telecom] Announcement to Creditors Regarding Capital Reduction to Offset Losses
Eastern Telecom, following a resolution at its annual general meeting, will undergo a capital reduction to improve its financial structure and offset losses. The reduction amount is 137,168,690 TWD, with a reduction ratio of approximately 45.31%. Creditors may file objections within 31 days.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 09:00
- 🔍 Collected: May 27, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:22 (107h 22m after Collected)
1. Date of occurrence: 115/05/26. 2. Company name: Eastern Telecom Co., Ltd. 3. Relationship: The Company. 4. Mutual shareholding: N/A. 5. Reason: Resolution at the 115 annual general meeting to offset losses. 6. Measures: (1) To improve financial structure, reduce capital by 137,168,690 TWD, canceling 13,716,869 shares. Reduction ratio: 45.312174%. Post-reduction paid-in capital: 165,550,600 TWD (10 TWD par value, 16,555,060 total shares). (2) Creditors with objections must submit them in writing within 31 days from the date of this announcement. Failure to do so will be deemed as no objection.
FAQ
How does capital reduction affect shareholders?
The number of shares held will decrease, but the value per share will be adjusted accordingly.