So-Tek Announces Board Resolution to Invest in Wholly-Owned Subsidiary Samoa Neu Grant Co., Ltd.
So-Tek's board of directors has resolved to invest USD 25 million in its wholly-owned subsidiary, Samoa Neu Grant Co., Ltd., through a cash capital increase for long-term investment purposes.
📋 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 11:28 (3h 28m after Collected)
1. Name and Nature of Target Object (if preferred shares, specify promised issuance conditions such as dividend rate, etc.):
Neu Grant Co., Ltd.
2. Date of Event Occurrence: 115/5/12~115/5/12
3. Date of Board Resolution Approval: May 12, R.O.C. 115 (2026)
4. Date of Other Approvals: Not applicable
5. Transaction Quantity, Price Per Unit, and Total Transaction Amount:
1. Total amount of cash capital increase: USD 25,000,000.
2. Number of shares acquired: 2,500,000 shares.
3. Transaction price per unit: USD 10 (par value per share is USD 1, the remainder allocated to capital reserve)
6. Counterparty and Relationship with the Company (If the counterparty is an individual and not related to the company, their name may be omitted):
Wholly-owned subsidiary
7. If the counterparty is a related party, also announce the reason for selecting the related party as the transaction object, the owner of the previous transfer, the relationship between the previous owner, the company, and the counterparty, the date of the previous transfer, and the transfer amount:
Not applicable
8. If the owner of the target object has been a related party to the company within the last five years, also announce the related party's acquisition and disposal dates, price, and relationship with the company at the time of the transaction:
Not applicable
9. Matters related to the disposal of debt (including type of collateral attached to the disposed debt, and if it is debt from a related party, the name of the related party and the book value of the disposed debt from the related party):
Not applicable
10. Profit (or Loss) from Disposal (Not applicable for acquisition of securities) (List recognized situations if deferred):
Not applicable
11. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreed Matters:
Cash capital increase to Neu Grant Co., Ltd. in Samoa will be carried out in installments according to its funding plan schedule.
12. Method of Transaction Decision, Basis for Price Determination, and Decision-Making Unit:
Board of Directors
13. Net Asset Value Per Share of the Company for Which Securities are Acquired or Disposed:
Not applicable
14. Accumulated Quantity, Amount, Shareholding Ratio, and Restrictions on Rights (e.g., pledge situation) of Securities Held (including this transaction) to Date:
(1) Accumulated quantity held: 2,500,000 shares
(2) Accumulated amount held: USD 25,000 thousand
(3) Shareholding ratio: 100%
(4) Restrictions on rights: None
15. As of date, the proportion of investment in securities listed in Article 3 of the "Regulations Governing Acquisitions or Disposals of Assets by Publicly Issued Companies" (including this transaction) to the company's total assets and equity attributable to owners of the parent in the most recent financial statements, and the amount of working capital in the most recent financial statements (Note 2):
(1) Proportion of total assets: 5.91%
(2) Proportion of equity attributable to owners of the parent: 8.56%
(3) Amount of working capital in the most recent financial statements: NTD 3,236,683 thousand
16. Broker and Brokerage Fees:
Not applicable
17. Specific Purpose or Use of Acquisition or Disposal:
Long-term investment holding
18. Opinions of Dissenting Directors on this Transaction:
None
19. Is this transaction a related party transaction? Yes
20. Date of Supervisor's Approval or Audit Committee's Consent:
May 12, R.O.C. 115 (2026)
21. Does the accountant's opinion on the reasonableness of this transaction indicate unreasonableness? 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 the operating model? No
26. Explanation of Operating Model Change:
27. Transaction Status with the Counterparty in the Past Year and Estimated for the Next Year:
Not applicable
28. Source of Funds:
Own funds
29. Date of Previous Major Information Release on the Same Matter: Not applicable
30. Other Matters to be Noted:
1. If the original currency is USD, it is converted to NTD based on the Bank of Taiwan's spot exchange rate on May 11, 2026, which was 31.405.
2. The company's board of directors has authorized the chairman with a maximum total investment authorization amount of USD 60 million. This time, a cash capital increase of USD 25 million is being made to the subsidiary Neu Grant Co., Ltd., and the chairman is authorized to further carry out cash capital increases or related investments for the subsidiary based on foreign exchange market fluctuations, capital expenditure progress, or group expansion strategy needs.
Neu Grant Co., Ltd.
2. Date of Event Occurrence: 115/5/12~115/5/12
3. Date of Board Resolution Approval: May 12, R.O.C. 115 (2026)
4. Date of Other Approvals: Not applicable
5. Transaction Quantity, Price Per Unit, and Total Transaction Amount:
1. Total amount of cash capital increase: USD 25,000,000.
2. Number of shares acquired: 2,500,000 shares.
3. Transaction price per unit: USD 10 (par value per share is USD 1, the remainder allocated to capital reserve)
6. Counterparty and Relationship with the Company (If the counterparty is an individual and not related to the company, their name may be omitted):
Wholly-owned subsidiary
7. If the counterparty is a related party, also announce the reason for selecting the related party as the transaction object, the owner of the previous transfer, the relationship between the previous owner, the company, and the counterparty, the date of the previous transfer, and the transfer amount:
Not applicable
8. If the owner of the target object has been a related party to the company within the last five years, also announce the related party's acquisition and disposal dates, price, and relationship with the company at the time of the transaction:
Not applicable
9. Matters related to the disposal of debt (including type of collateral attached to the disposed debt, and if it is debt from a related party, the name of the related party and the book value of the disposed debt from the related party):
Not applicable
10. Profit (or Loss) from Disposal (Not applicable for acquisition of securities) (List recognized situations if deferred):
Not applicable
11. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreed Matters:
Cash capital increase to Neu Grant Co., Ltd. in Samoa will be carried out in installments according to its funding plan schedule.
12. Method of Transaction Decision, Basis for Price Determination, and Decision-Making Unit:
Board of Directors
13. Net Asset Value Per Share of the Company for Which Securities are Acquired or Disposed:
Not applicable
14. Accumulated Quantity, Amount, Shareholding Ratio, and Restrictions on Rights (e.g., pledge situation) of Securities Held (including this transaction) to Date:
(1) Accumulated quantity held: 2,500,000 shares
(2) Accumulated amount held: USD 25,000 thousand
(3) Shareholding ratio: 100%
(4) Restrictions on rights: None
15. As of date, the proportion of investment in securities listed in Article 3 of the "Regulations Governing Acquisitions or Disposals of Assets by Publicly Issued Companies" (including this transaction) to the company's total assets and equity attributable to owners of the parent in the most recent financial statements, and the amount of working capital in the most recent financial statements (Note 2):
(1) Proportion of total assets: 5.91%
(2) Proportion of equity attributable to owners of the parent: 8.56%
(3) Amount of working capital in the most recent financial statements: NTD 3,236,683 thousand
16. Broker and Brokerage Fees:
Not applicable
17. Specific Purpose or Use of Acquisition or Disposal:
Long-term investment holding
18. Opinions of Dissenting Directors on this Transaction:
None
19. Is this transaction a related party transaction? Yes
20. Date of Supervisor's Approval or Audit Committee's Consent:
May 12, R.O.C. 115 (2026)
21. Does the accountant's opinion on the reasonableness of this transaction indicate unreasonableness? 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 the operating model? No
26. Explanation of Operating Model Change:
27. Transaction Status with the Counterparty in the Past Year and Estimated for the Next Year:
Not applicable
28. Source of Funds:
Own funds
29. Date of Previous Major Information Release on the Same Matter: Not applicable
30. Other Matters to be Noted:
1. If the original currency is USD, it is converted to NTD based on the Bank of Taiwan's spot exchange rate on May 11, 2026, which was 31.405.
2. The company's board of directors has authorized the chairman with a maximum total investment authorization amount of USD 60 million. This time, a cash capital increase of USD 25 million is being made to the subsidiary Neu Grant Co., Ltd., and the chairman is authorized to further carry out cash capital increases or related investments for the subsidiary based on foreign exchange market fluctuations, capital expenditure progress, or group expansion strategy needs.