[Cheng Loong] Announcement of Board Resolution for Cash Capital Increase by Subsidiary Cheng Loong Binh Duong Paper Co., Ltd.
Cheng Loong's subsidiary, Cheng Loong Binh Duong Paper Co., Ltd., has resolved a cash capital increase of USD 50 million to bolster operating funds and strengthen its financial structure, with a 100% allocation to existing shareholders. This move is crucial for supporting the subsidiary's business continuity and future growth.
📋 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 11:05 (3h 5m after Collected)
1. Board resolution date: 115/05/12
2. Source of capital increase funds: Cash capital increase
3. Whether to adopt a global filing for issuing new shares (Yes, please specify the intended issuance period / No): No
4. Total issuance amount and number of shares for the entire project (if it is an earnings or surplus capital increase, the number of shares issued does not include those allocated to employees):
Total issuance amount: USD 50,000,000
5. For global filing for new share issuance, the amount and number of shares issued this time: Not applicable
6. For global filing for new share issuance, the remaining amount and number of shares after this issuance: Not applicable
7. Par value per share: Not applicable
8. Issuance price: Not applicable
9. Number of shares subscribed by employees or amount allocated: Not applicable
10. Number of shares for public sale: Not applicable
11. Subscription ratio for existing shareholders or gratuitous allocation ratio: 100%
12. Handling of fractional shares and un-subscribed shares: Not applicable
13. Rights and obligations of new shares issued this time: Same as existing shares
14. Use of funds for this capital increase:
Supplement operating funds and strengthen financial structure
15. Other matters that need to be stated: None.
2. Source of capital increase funds: Cash capital increase
3. Whether to adopt a global filing for issuing new shares (Yes, please specify the intended issuance period / No): No
4. Total issuance amount and number of shares for the entire project (if it is an earnings or surplus capital increase, the number of shares issued does not include those allocated to employees):
Total issuance amount: USD 50,000,000
5. For global filing for new share issuance, the amount and number of shares issued this time: Not applicable
6. For global filing for new share issuance, the remaining amount and number of shares after this issuance: Not applicable
7. Par value per share: Not applicable
8. Issuance price: Not applicable
9. Number of shares subscribed by employees or amount allocated: Not applicable
10. Number of shares for public sale: Not applicable
11. Subscription ratio for existing shareholders or gratuitous allocation ratio: 100%
12. Handling of fractional shares and un-subscribed shares: Not applicable
13. Rights and obligations of new shares issued this time: Same as existing shares
14. Use of funds for this capital increase:
Supplement operating funds and strengthen financial structure
15. Other matters that need to be stated: None.