[Union Electronics] Notice to Creditors Regarding Capital Reduction to Offset Accumulated Deficit
Union Electronics Enterprise Co., Ltd. will implement a capital reduction to cover accumulated losses, as approved at its shareholders' meeting on May 20, 2026. The capital will be reduced by NT$302,125,780 (a reduction ratio of approx. 27.24%), resulting in a new paid-in capital of NT$807,144,360. Creditors may submit written objections by June 22, 2026.
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- 📰 Published: May 20, 2026 at 09:00
- 🔍 Collected: May 21, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 21, 2026 at 09:00 (1h 0m after Collected)
1. Date of occurrence: 2026/05/20
2. Company name: Union Electronics Enterprise Co., Ltd.
3. Relationship with the Company (please enter 'the Company' or 'subsidiary'): The Company
4. Mutual shareholding ratio: Not applicable
5. Reason for occurrence: The Company has resolved at its 2026 annual shareholders' meeting to carry out a capital reduction to offset accumulated losses.
6. Countermeasures:
(1) The Company, having resolved at its shareholders' meeting on May 20, 2026, to carry out a capital reduction to offset losses, will reduce its capital by NT$302,125,780, canceling 30,212,578 issued shares. The capital reduction ratio is approximately 27.23644756%, resulting in a post-reduction paid-in capital of NT$807,144,360, with 80,714,436 shares issued at a par value of NT$10 per share.
(2) Any creditors of the Company who object to this capital reduction plan are requested to submit their objections in writing within 32 days from the day following this announcement (from May 21, 2026, to June 22, 2026). Those who do not express an objection within the period will be deemed to have no objection. This notice is hereby given.
7. Other matters to be specified: None.
2. Company name: Union Electronics Enterprise Co., Ltd.
3. Relationship with the Company (please enter 'the Company' or 'subsidiary'): The Company
4. Mutual shareholding ratio: Not applicable
5. Reason for occurrence: The Company has resolved at its 2026 annual shareholders' meeting to carry out a capital reduction to offset accumulated losses.
6. Countermeasures:
(1) The Company, having resolved at its shareholders' meeting on May 20, 2026, to carry out a capital reduction to offset losses, will reduce its capital by NT$302,125,780, canceling 30,212,578 issued shares. The capital reduction ratio is approximately 27.23644756%, resulting in a post-reduction paid-in capital of NT$807,144,360, with 80,714,436 shares issued at a par value of NT$10 per share.
(2) Any creditors of the Company who object to this capital reduction plan are requested to submit their objections in writing within 32 days from the day following this announcement (from May 21, 2026, to June 22, 2026). Those who do not express an objection within the period will be deemed to have no objection. This notice is hereby given.
7. Other matters to be specified: None.