Prodisc Technology Inc. announces board resolution for capital reduction by its important subsidiary Jingcheng Materials Co., Ltd.
Prodisc Technology Inc. announced that its important subsidiary, Jingcheng Materials Co., Ltd., will undertake a capital reduction of NT$290 million to offset losses. This reduction will eliminate 29 million shares, resulting in a post-reduction capital of NT$490 million.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 08:19 (19 min after Collected)
1. Date of board resolution: 115/05/08 (May 8, 2026, using Minguo calendar)
2. Reason for capital reduction: To offset losses
3. Amount of capital reduction: NT$290,000,000
4. Shares to be eliminated: 29,000,000 shares
5. Capital reduction ratio: 37.18%
6. Capital after reduction: NT$490,000,000
7. Scheduled date of shareholders' meeting: Not applicable
8. Number of listed common shares after capital reduction and new share listing: Not applicable
9. Ratio of listed common shares after capital reduction and new share listing to total issued common shares (listed common shares after reduction / total issued common shares after reduction): Not applicable
10. If the number of listed common shares after capital reduction in the preceding two items is less than 60 million shares and less than 25%, please explain the countermeasures for low stock liquidity: Not applicable
11. Record date for capital reduction: 115/05/11 (May 11, 2026)
12. Other matters to be specified: None.
2. Reason for capital reduction: To offset losses
3. Amount of capital reduction: NT$290,000,000
4. Shares to be eliminated: 29,000,000 shares
5. Capital reduction ratio: 37.18%
6. Capital after reduction: NT$490,000,000
7. Scheduled date of shareholders' meeting: Not applicable
8. Number of listed common shares after capital reduction and new share listing: Not applicable
9. Ratio of listed common shares after capital reduction and new share listing to total issued common shares (listed common shares after reduction / total issued common shares after reduction): Not applicable
10. If the number of listed common shares after capital reduction in the preceding two items is less than 60 million shares and less than 25%, please explain the countermeasures for low stock liquidity: Not applicable
11. Record date for capital reduction: 115/05/11 (May 11, 2026)
12. Other matters to be specified: None.