[Lien Shang Development] Announcement of Board Resolution to Issue Domestic Secured Corporate Bonds
Lien Shang Development's board of directors resolved to issue domestic secured corporate bonds up to NT$1.3 billion, to be used for principal repayment, bank loans, or supplementing working capital.
📋 Article Processing Timeline
- 📰 Published: May 6, 2026 at 09:00
- 🔍 Collected: May 7, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 7, 2026 at 08:44 (44 min after Collected)
1. Board resolution date: 115/05/06
2. Name ['XX Company's Xth (Secured/Unsecured) Corporate Bond']: Lien Shang Development Co., Ltd. Domestic Secured Corporate Bonds
3. Whether to adopt a shelf registration for issuing corporate bonds (Yes/No): No
4. Total issuance amount: Not exceeding NT$1.3 billion. The chairman is authorized to issue it once or in installments within one year depending on market conditions.
5. Face value per bond: NT$1,000,000.
6. Issuance price: Issued at 100% of face value.
7. Term: Not exceeding five years. The chairman is authorized to determine the term.
8. Interest rate: To be determined based on market conditions at the time of pricing, authorized to the chairman.
9. Type, name, amount of collateral, and agreed matters: Bank guarantee.
10. Use of proceeds and utilization plan: To repay the principal of maturing domestic secured corporate bonds, finance bank loans, or supplement working capital.
11. Underwriting method: Entrusted to securities firms for public underwriting through negotiation.
12. Bond trustee: Authorized to the chairman.
13. Underwriting or sales agent: Authorized to the chairman.
14. Issuance guarantor: Authorized to the chairman.
15. Agent for principal and interest payment: Authorized to the chairman.
16. Certification institution: Issued in uncertificated form, not applicable.
17. If convertible into shares, conversion method: Not applicable.
18. Put option terms: None.
19. Call option terms: None.
20. If convertible, exchangeable, or with stock options, conversion base date: Not applicable.
21. If convertible, exchangeable, or with stock options, potential dilution of equity: Not applicable.
22. Other matters to be stated: To be handled in accordance with relevant laws and regulations, and will be announced separately after obtaining approval from the competent authority.
2. Name ['XX Company's Xth (Secured/Unsecured) Corporate Bond']: Lien Shang Development Co., Ltd. Domestic Secured Corporate Bonds
3. Whether to adopt a shelf registration for issuing corporate bonds (Yes/No): No
4. Total issuance amount: Not exceeding NT$1.3 billion. The chairman is authorized to issue it once or in installments within one year depending on market conditions.
5. Face value per bond: NT$1,000,000.
6. Issuance price: Issued at 100% of face value.
7. Term: Not exceeding five years. The chairman is authorized to determine the term.
8. Interest rate: To be determined based on market conditions at the time of pricing, authorized to the chairman.
9. Type, name, amount of collateral, and agreed matters: Bank guarantee.
10. Use of proceeds and utilization plan: To repay the principal of maturing domestic secured corporate bonds, finance bank loans, or supplement working capital.
11. Underwriting method: Entrusted to securities firms for public underwriting through negotiation.
12. Bond trustee: Authorized to the chairman.
13. Underwriting or sales agent: Authorized to the chairman.
14. Issuance guarantor: Authorized to the chairman.
15. Agent for principal and interest payment: Authorized to the chairman.
16. Certification institution: Issued in uncertificated form, not applicable.
17. If convertible into shares, conversion method: Not applicable.
18. Put option terms: None.
19. Call option terms: None.
20. If convertible, exchangeable, or with stock options, conversion base date: Not applicable.
21. If convertible, exchangeable, or with stock options, potential dilution of equity: Not applicable.
22. Other matters to be stated: To be handled in accordance with relevant laws and regulations, and will be announced separately after obtaining approval from the competent authority.