Plotech board approves capital reduction to cover accumulated deficit
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (47h 0m after Published)
- 🤖 AI Analyzed: May 15, 2026 at 08:24 (24h 24m after Collected)
Plotech's board of directors has approved a capital reduction plan to offset accumulated deficits and improve its financial structure. The company will reduce its capital by NT$233,540,050, cancelling 23,354,005 shares, which represents a reduction ratio of approximately 20.6027%. Following the reduction, the paid-in capital will be NT$900,000,000. Shareholders will receive roughly 793.97 shares for every 1,000 shares held. This proposal is subject to approval at the upcoming shareholders' meeting scheduled for June 24, 2026.