【Pai Ho Industrial-KY】Announcement from the Board of Directors on the Resolution to Increase Capital for Vietnam Pai Ho Co., Ltd.
Pai Ho Industrial-KY announced a resolution by its Board of Directors to conduct a cash capital increase of US$120 million for its subsidiary, Vietnam Pai Ho Co., Ltd. This related-party transaction is for long-term investment and does not change the company's operating model.
📋 Article Processing Timeline
- 📰 Published: May 7, 2026 at 09:00
- 🔍 Collected: May 8, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 8, 2026 at 08:04 (4 min after Collected)
1. Name and Nature of the Target (if preferred shares, issuance conditions such as dividend rate should also be specified):
Equity of Vietnam Pai Ho Co., Ltd. (hereinafter referred to as: Vietnam Pai Ho Co.)
2. Date of Occurrence of the Event:
May 7, 2026 ~ May 7, 2026
3. Date of Board Resolution:
May 7, 2026 (Republic of China Calendar)
4. Other Approval Dates:
Not applicable
5. Transaction Quantity, Unit Price, and Total Transaction Amount:
Transaction unit quantity, unit price: Not applicable
Total transaction amount: US$120,000 thousand
6. Counterparty to the Transaction and its Relationship with the Company (if the counterparty is a natural person and not a related party of the company, disclosure of their name may be exempted):
Not applicable
7. If the counterparty to the transaction is a related party, the reason for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the previous transfer date and transfer amount shall also be announced:
Not applicable
8. If the transaction target's owner was a related party of the company within the past five years, the date of acquisition and disposal by the related party, the price, and the relationship with the company at the time of the transaction shall also be announced:
Not applicable
9. This transaction involves the disposal of receivables (including the type of collateral attached to the disposed receivables; if the disposed receivables are against a related party, the name of the related party and the book value of the receivables against that related party shall also be announced):
Not applicable
10. Gain (or Loss) on Disposal (not applicable to the acquisition of securities) (if deferred, the recognition status should be listed):
Not applicable
11. Delivery or Payment Terms (including payment period and amount), Contract Restrictive Clauses, and Other Important Agreements:
Delivery or payment terms: To be handled according to the capital needs schedule of Vietnam Pai Ho Co.
Contract restrictive clauses: None.
Important agreements: None.
12. Decision-making Method, Basis for Price Determination, and Decision-making Unit for this Transaction:
Decision-making method for the transaction, basis for price determination: Cash capital increase
Decision-making unit: Board of Directors
13. Net Asset Value per Share of the Acquired or Disposed Securities Company:
Not applicable
14. As of now, the cumulative quantity, amount, shareholding ratio, and restricted rights (e.g., pledge status) of the securities held (including this transaction):
Pai Ho Industrial Co. directly holds Vietnam Pai Ho Co.:
1. Quantity: 150,000 thousand shares
2. Amount: US$150,000 thousand
3. Shareholding ratio: 44.51%
4. Restricted rights status: None
Pai Ho Industrial Co. indirectly holds Hong Kong Pai Ho International Trading Co., Ltd. (hereinafter referred to as: Hong Kong Pai Ho Co.) 100%.
Hong Kong Pai Ho Co. directly holds Vietnam Pai Ho Co.:
1. Quantity: 187,000 thousand shares
2. Amount: US$187,000 thousand
3. Shareholding ratio: 55.49%
4. Restricted rights status: None
15. As of now, the proportion of securities investments (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" to the total assets and owners' equity attributable to the parent company in the latest financial report, and the working capital amount in the latest financial report (Note 2):
Pai Ho Industrial Co. directly holds Vietnam Pai Ho Co.:
1. Proportion of total assets: 56.64%
2. Proportion of owners' equity attributable to Pai Ho Industrial Co.: 65.46%
3. Working capital amount: NTD 2,238,394 thousand
Pai Ho Industrial Co. indirectly holds Hong Kong Pai Ho Co. 100%.
Hong Kong Pai Ho Co. directly holds Vietnam Pai Ho Co.:
1. Proportion of total assets: 70.61%
2. Proportion of owners' equity attributable to Pai Ho Industrial Co.: 81.61%
3. Working capital amount: NTD 2,238,394 thousand
16. Broker and Brokerage Fees:
None
17. Specific Purpose or Use of Acquisition or Disposal:
Long-term investment
18. Opinions of Directors Who Dissented from This Transaction:
None
19. This transaction is a related-party transaction: Yes
20. Date of Approval by Supervisors or Audit Committee:
May 7, 2026 (Republic of China Calendar)
21. Accountant's Opinion on the Unreasonableness of This Transaction:
Not applicable
22. Accountant Firm Name:
Not applicable
23. Accountant Name:
Not applicable
24. Accountant's License Number:
Not applicable
25. Does it involve a change in operating model: No
26. Explanation of Change in Operating Model:
Not applicable
27. Transaction Status with Counterparty in the Past Year and Expected Next Year:
Not applicable
28. Source of Funds:
Not applicable
29. Date of Previous Material Information Announcement on the Same Event:
Not applicable
30. Other Matters to be Noted:
None
Equity of Vietnam Pai Ho Co., Ltd. (hereinafter referred to as: Vietnam Pai Ho Co.)
2. Date of Occurrence of the Event:
May 7, 2026 ~ May 7, 2026
3. Date of Board Resolution:
May 7, 2026 (Republic of China Calendar)
4. Other Approval Dates:
Not applicable
5. Transaction Quantity, Unit Price, and Total Transaction Amount:
Transaction unit quantity, unit price: Not applicable
Total transaction amount: US$120,000 thousand
6. Counterparty to the Transaction and its Relationship with the Company (if the counterparty is a natural person and not a related party of the company, disclosure of their name may be exempted):
Not applicable
7. If the counterparty to the transaction is a related party, the reason for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the previous transfer date and transfer amount shall also be announced:
Not applicable
8. If the transaction target's owner was a related party of the company within the past five years, the date of acquisition and disposal by the related party, the price, and the relationship with the company at the time of the transaction shall also be announced:
Not applicable
9. This transaction involves the disposal of receivables (including the type of collateral attached to the disposed receivables; if the disposed receivables are against a related party, the name of the related party and the book value of the receivables against that related party shall also be announced):
Not applicable
10. Gain (or Loss) on Disposal (not applicable to the acquisition of securities) (if deferred, the recognition status should be listed):
Not applicable
11. Delivery or Payment Terms (including payment period and amount), Contract Restrictive Clauses, and Other Important Agreements:
Delivery or payment terms: To be handled according to the capital needs schedule of Vietnam Pai Ho Co.
Contract restrictive clauses: None.
Important agreements: None.
12. Decision-making Method, Basis for Price Determination, and Decision-making Unit for this Transaction:
Decision-making method for the transaction, basis for price determination: Cash capital increase
Decision-making unit: Board of Directors
13. Net Asset Value per Share of the Acquired or Disposed Securities Company:
Not applicable
14. As of now, the cumulative quantity, amount, shareholding ratio, and restricted rights (e.g., pledge status) of the securities held (including this transaction):
Pai Ho Industrial Co. directly holds Vietnam Pai Ho Co.:
1. Quantity: 150,000 thousand shares
2. Amount: US$150,000 thousand
3. Shareholding ratio: 44.51%
4. Restricted rights status: None
Pai Ho Industrial Co. indirectly holds Hong Kong Pai Ho International Trading Co., Ltd. (hereinafter referred to as: Hong Kong Pai Ho Co.) 100%.
Hong Kong Pai Ho Co. directly holds Vietnam Pai Ho Co.:
1. Quantity: 187,000 thousand shares
2. Amount: US$187,000 thousand
3. Shareholding ratio: 55.49%
4. Restricted rights status: None
15. As of now, the proportion of securities investments (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" to the total assets and owners' equity attributable to the parent company in the latest financial report, and the working capital amount in the latest financial report (Note 2):
Pai Ho Industrial Co. directly holds Vietnam Pai Ho Co.:
1. Proportion of total assets: 56.64%
2. Proportion of owners' equity attributable to Pai Ho Industrial Co.: 65.46%
3. Working capital amount: NTD 2,238,394 thousand
Pai Ho Industrial Co. indirectly holds Hong Kong Pai Ho Co. 100%.
Hong Kong Pai Ho Co. directly holds Vietnam Pai Ho Co.:
1. Proportion of total assets: 70.61%
2. Proportion of owners' equity attributable to Pai Ho Industrial Co.: 81.61%
3. Working capital amount: NTD 2,238,394 thousand
16. Broker and Brokerage Fees:
None
17. Specific Purpose or Use of Acquisition or Disposal:
Long-term investment
18. Opinions of Directors Who Dissented from This Transaction:
None
19. This transaction is a related-party transaction: Yes
20. Date of Approval by Supervisors or Audit Committee:
May 7, 2026 (Republic of China Calendar)
21. Accountant's Opinion on the Unreasonableness of This Transaction:
Not applicable
22. Accountant Firm Name:
Not applicable
23. Accountant Name:
Not applicable
24. Accountant's License Number:
Not applicable
25. Does it involve a change in operating model: No
26. Explanation of Change in Operating Model:
Not applicable
27. Transaction Status with Counterparty in the Past Year and Expected Next Year:
Not applicable
28. Source of Funds:
Not applicable
29. Date of Previous Material Information Announcement on the Same Event:
Not applicable
30. Other Matters to be Noted:
None