Cheng Loong: Announcement of Board Resolution for Capital Increase by Subsidiary Southeast Asia Holding - Cheng Loong Vietnam Paper Investment
Cheng Loong announced that its subsidiary, Southeast Asia Holding, has approved a US$50 million capital increase for Cheng Loong Vietnam Paper Investment. The funds will be used for further investment in Cheng Loong Binh Duong Paper.
📋 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 12:06 (4h 6m after Collected)
1. Name and Nature of Target Object (If it is preferred stock, state the agreed terms of preferred stock, such as dividend rate): Cheng Loong Vietnam Paper Investment Co., Ltd.
2. Date of Fact Occurrence: May 12, 115 ~ May 12, 115 (2026).
3. Date of Board of Directors Approval: May 12, 115 (2026).
4. Other Approval Dates: Not applicable.
5. Transaction Quantity, Unit Price, and Total Transaction Amount: Transaction Quantity: 50,000,000 shares. Total Amount: US$50,000,000.
6. Transaction Counterparty and Relationship with the Company (If the counterparty is a natural person and not an affiliate of the company, their name may be omitted): Cheng Loong Vietnam Paper Investment Co., Ltd.; 100% owned subsidiary.
7. If the transaction counterparty is an affiliate, the reason for selecting the affiliate as the transaction object, the previous owner, the relationship between the previous owner, the company, and the transaction counterparty, and the date and amount of the previous transfer must also be announced: Not applicable.
8. If the owner of the transaction target has been an affiliate of the company within the last five years, the acquisition and disposal dates, prices, and the relationship with the company at the time of the transaction must also be announced: Not applicable.
9. Matters Related to Disposal of Debt This time (including the type of collateral attached to the disposed debt, and if the disposed debt is a debt to a related party, the name of the related party and the book amount of the debt to the related party must also be announced): Not applicable.
10. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreements: Payment Terms: Funds to be remitted in installments according to capital needs.
11. Method of Decision for this Transaction, Basis for Price Determination, and Decision-Making Unit: Decision by the Board of Directors of Cheng Loong Southeast Asia Holding Co., Ltd.
12. Net Asset Value Per Share of the Company Issuing the Securities Being Acquired or Disposed Of: NT$16.03.
13. Cumulative Quantity, Amount, Shareholding Ratio, and Restrictions on Rights (e.g., pledge status) of this Transaction's Securities Held to Date (including this transaction): Quantity: 421,700 thousand shares. Amount: US$421,700 thousand. Shareholding Ratio: 100%. Restrictions on Rights: None.
14. To Date, the Proportion of Investment in Securities Listed in Article 3 of the "Regulations Governing Asset Acquisition or Disposal by Public Companies" (including this transaction) to the Company's Total Assets and Equity Attributable to Owners of the Parent Company in the Latest Financial Statements, and the Amount of Working Capital in the Latest Financial Statements (Note 2): Proportion to Total Assets in the Company's Individual Financial Statements for Q4 114 (2025): 18.37%. Proportion to Equity Attributable to Owners of the Parent Company in the Company's Consolidated Financial Statements for Q1 115 (2026): 34.96%. Working Capital Amount in Individual Financial Statements for Q4 114 (2025): NT$6,057,314 thousand.
15. Broker and Brokerage Fee: Not applicable.
16. Specific Purpose or Use of Acquisition or Disposal: To increase capital for subsidiary Cheng Loong Binh Duong Paper Co., Ltd.
17. Opinions of Directors Expressing Dissent in this Transaction: None.
18. Is this Transaction a Related Party Transaction: Yes.
19. Date of Supervisor's Approval or Audit Committee's Consent: May 12, 115 (2026).
20. Whether the Accountant Issued a Non-Reasonable Opinion: No.
21. Accounting Firm Name: Not applicable.
22. Accountant's Name: Not applicable.
23. Accountant's Practice Certificate Number: Not applicable.
24. Whether the Business Model is Involved: No.
25. Explanation of Business Model Change: Not applicable.
26. Transaction Status with the Counterparty in the Past Year and Expected in the Coming Year: Not applicable.
27. Source of Funds: Not applicable.
28. Date of Previous Announcement of Material Information on the Same Event: Not applicable.
29. Other Remarks: None.
2. Date of Fact Occurrence: May 12, 115 ~ May 12, 115 (2026).
3. Date of Board of Directors Approval: May 12, 115 (2026).
4. Other Approval Dates: Not applicable.
5. Transaction Quantity, Unit Price, and Total Transaction Amount: Transaction Quantity: 50,000,000 shares. Total Amount: US$50,000,000.
6. Transaction Counterparty and Relationship with the Company (If the counterparty is a natural person and not an affiliate of the company, their name may be omitted): Cheng Loong Vietnam Paper Investment Co., Ltd.; 100% owned subsidiary.
7. If the transaction counterparty is an affiliate, the reason for selecting the affiliate as the transaction object, the previous owner, the relationship between the previous owner, the company, and the transaction counterparty, and the date and amount of the previous transfer must also be announced: Not applicable.
8. If the owner of the transaction target has been an affiliate of the company within the last five years, the acquisition and disposal dates, prices, and the relationship with the company at the time of the transaction must also be announced: Not applicable.
9. Matters Related to Disposal of Debt This time (including the type of collateral attached to the disposed debt, and if the disposed debt is a debt to a related party, the name of the related party and the book amount of the debt to the related party must also be announced): Not applicable.
10. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreements: Payment Terms: Funds to be remitted in installments according to capital needs.
11. Method of Decision for this Transaction, Basis for Price Determination, and Decision-Making Unit: Decision by the Board of Directors of Cheng Loong Southeast Asia Holding Co., Ltd.
12. Net Asset Value Per Share of the Company Issuing the Securities Being Acquired or Disposed Of: NT$16.03.
13. Cumulative Quantity, Amount, Shareholding Ratio, and Restrictions on Rights (e.g., pledge status) of this Transaction's Securities Held to Date (including this transaction): Quantity: 421,700 thousand shares. Amount: US$421,700 thousand. Shareholding Ratio: 100%. Restrictions on Rights: None.
14. To Date, the Proportion of Investment in Securities Listed in Article 3 of the "Regulations Governing Asset Acquisition or Disposal by Public Companies" (including this transaction) to the Company's Total Assets and Equity Attributable to Owners of the Parent Company in the Latest Financial Statements, and the Amount of Working Capital in the Latest Financial Statements (Note 2): Proportion to Total Assets in the Company's Individual Financial Statements for Q4 114 (2025): 18.37%. Proportion to Equity Attributable to Owners of the Parent Company in the Company's Consolidated Financial Statements for Q1 115 (2026): 34.96%. Working Capital Amount in Individual Financial Statements for Q4 114 (2025): NT$6,057,314 thousand.
15. Broker and Brokerage Fee: Not applicable.
16. Specific Purpose or Use of Acquisition or Disposal: To increase capital for subsidiary Cheng Loong Binh Duong Paper Co., Ltd.
17. Opinions of Directors Expressing Dissent in this Transaction: None.
18. Is this Transaction a Related Party Transaction: Yes.
19. Date of Supervisor's Approval or Audit Committee's Consent: May 12, 115 (2026).
20. Whether the Accountant Issued a Non-Reasonable Opinion: No.
21. Accounting Firm Name: Not applicable.
22. Accountant's Name: Not applicable.
23. Accountant's Practice Certificate Number: Not applicable.
24. Whether the Business Model is Involved: No.
25. Explanation of Business Model Change: Not applicable.
26. Transaction Status with the Counterparty in the Past Year and Expected in the Coming Year: Not applicable.
27. Source of Funds: Not applicable.
28. Date of Previous Announcement of Material Information on the Same Event: Not applicable.
29. Other Remarks: None.