[Everrich-KY] Announcement of Board Resolution to Approve Arizon Corporation's Capital Increase
Everrich-KY announced on May 5, 2026, that its board of directors approved a capital increase for Arizon Corporation. A wholly-owned subsidiary will invest $8,000,000 USD in this long-term investment, which is classified as a related party transaction.
📋 Article Processing Timeline
- 📰 Published: May 5, 2026 at 09:00
- 🔍 Collected: May 6, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 6, 2026 at 08:47 (47 min after Collected)
The board of directors of Everrich-KY announced on May 5, 2026, the approval of a capital increase for Arizon Corporation. The investment amounts to $8,000,000 USD, to be made by a wholly-owned subsidiary. This is designated as a long-term investment. The total accumulated investment in Arizon Corporation now stands at $18,250,000 USD, representing 5.98% of total assets and 9.45% of equity, with a working capital of NT$2,621,311 thousand. This transaction is classified as a related party transaction.
1. Subject of the transaction and its nature (if preferred stock, specify agreed terms such as dividend rate, etc.):
Arizon Corporation
2. Date of occurrence: May 5, 2026 ~ May 5, 2026
3. Date of board approval: May 5, 2026
4. Other approval dates: Not applicable
5. Transaction quantity, price per unit, and total transaction amount:
$8,000,000 USD
6. Counterparty and relationship with the company (if the counterparty is an individual and not a related party, their name may be omitted):
Wholly-owned subsidiary
7. If the counterparty is a related party, explain the reason for selecting the related party as the counterparty, the previous owner, the relationship between the previous owner, the company, and the counterparty, the date of previous transfer, and the transfer amount:
Not applicable
8. If the owner of the transaction subject has been a related party to the company within the last five years, also announce the related party's acquisition and disposal dates, prices, and relationship with the company at the time of the transaction:
Not applicable
9. Matters related to the disposal of debt in this transaction (including the types of collateral attached to the disposed debt, and if the disposed debt is a debt owed to a related party, the name of the related party and the book value of the debt owed to the related party in this disposal):
Not applicable
10. Disposal profit (or loss) (not applicable for acquisition of securities) (deferred items should list recognition status):
Not applicable
11. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements:
(1) Delivery or payment terms: Investment of $8,000,000 USD after board approval
(2) Contract restrictions: None
(3) Other important agreements: None
12. Method of decision for this transaction, basis for price determination, and decision-making unit:
Approved by the company's board of directors
13. Net asset value per share of the company acquired or disposed of in securities:
Not applicable
14. As of the current date, the quantity, amount, shareholding ratio, and restrictions on rights (e.g., pledge status) of the securities held in this transaction (including this transaction):
(1) Investment amount: $18,250,000 USD (approx. NT$583,909 thousand, exchange rate 31.995)
(2) Investment ratio: 100%
(3) Restrictions on rights: None
15. As of the current date, the proportion of securities investment (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition or Disposal of Assets by Publicly Offered Companies" 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):
(1) Total asset ratio: 5.98%
(2) Shareholder equity ratio: 9.45%
(3) Working capital: NT$2,621,311 thousand
16. Broker and brokerage fees:
Not applicable
17. Specific purpose or use of acquisition or disposal:
Long-term investment
18. Opinions of dissenting directors for this transaction:
None
19. Is this transaction a related party transaction: Yes
20. Date of supervisor's approval or audit committee's consent:
May 5, 2026
21. Did an accountant issue an opinion of unreasonableness for this transaction: Not applicable
22. Name of accounting firm:
Not applicable
23. Name of accountant:
Not applicable
24. Accountant's practice certificate number:
Not applicable
25. Does it involve a change in business model: No
26. Explanation of business model change:
Not applicable
27. Transaction details with the counterparty in the past year and expected in the next year:
Not applicable
28. Source of funds:
Not applicable
29. Date of previous announcement of material information for the same event: Not applicable
30. Other descriptive matters:
None
Keywords: Material Information
1. Subject of the transaction and its nature (if preferred stock, specify agreed terms such as dividend rate, etc.):
Arizon Corporation
2. Date of occurrence: May 5, 2026 ~ May 5, 2026
3. Date of board approval: May 5, 2026
4. Other approval dates: Not applicable
5. Transaction quantity, price per unit, and total transaction amount:
$8,000,000 USD
6. Counterparty and relationship with the company (if the counterparty is an individual and not a related party, their name may be omitted):
Wholly-owned subsidiary
7. If the counterparty is a related party, explain the reason for selecting the related party as the counterparty, the previous owner, the relationship between the previous owner, the company, and the counterparty, the date of previous transfer, and the transfer amount:
Not applicable
8. If the owner of the transaction subject has been a related party to the company within the last five years, also announce the related party's acquisition and disposal dates, prices, and relationship with the company at the time of the transaction:
Not applicable
9. Matters related to the disposal of debt in this transaction (including the types of collateral attached to the disposed debt, and if the disposed debt is a debt owed to a related party, the name of the related party and the book value of the debt owed to the related party in this disposal):
Not applicable
10. Disposal profit (or loss) (not applicable for acquisition of securities) (deferred items should list recognition status):
Not applicable
11. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements:
(1) Delivery or payment terms: Investment of $8,000,000 USD after board approval
(2) Contract restrictions: None
(3) Other important agreements: None
12. Method of decision for this transaction, basis for price determination, and decision-making unit:
Approved by the company's board of directors
13. Net asset value per share of the company acquired or disposed of in securities:
Not applicable
14. As of the current date, the quantity, amount, shareholding ratio, and restrictions on rights (e.g., pledge status) of the securities held in this transaction (including this transaction):
(1) Investment amount: $18,250,000 USD (approx. NT$583,909 thousand, exchange rate 31.995)
(2) Investment ratio: 100%
(3) Restrictions on rights: None
15. As of the current date, the proportion of securities investment (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition or Disposal of Assets by Publicly Offered Companies" 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):
(1) Total asset ratio: 5.98%
(2) Shareholder equity ratio: 9.45%
(3) Working capital: NT$2,621,311 thousand
16. Broker and brokerage fees:
Not applicable
17. Specific purpose or use of acquisition or disposal:
Long-term investment
18. Opinions of dissenting directors for this transaction:
None
19. Is this transaction a related party transaction: Yes
20. Date of supervisor's approval or audit committee's consent:
May 5, 2026
21. Did an accountant issue an opinion of unreasonableness for this transaction: Not applicable
22. Name of accounting firm:
Not applicable
23. Name of accountant:
Not applicable
24. Accountant's practice certificate number:
Not applicable
25. Does it involve a change in business model: No
26. Explanation of business model change:
Not applicable
27. Transaction details with the counterparty in the past year and expected in the next year:
Not applicable
28. Source of funds:
Not applicable
29. Date of previous announcement of material information for the same event: Not applicable
30. Other descriptive matters:
None
Keywords: Material Information