[Seiko] Board of Directors Resolves to Conduct Cash Capital Increase and Issue Common Shares
Seiko's board has decided to raise NT$300 million by issuing 30 million common shares to bolster operating funds and repay loans. This strategic move aims to strengthen the company's financial base and support future growth.
📋 Article Processing Timeline
- 📰 Published: April 30, 2026 at 09:00
- 🔍 Collected: May 1, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 1, 2026 at 11:23 (3h 23m after Collected)
1. Date of Board Resolution: 2026/04/30
2. Source of Capital Increase Funds: Cash capital increase by issuing new shares
3. Whether a shelf registration for new share issuance is adopted (Yes, please specify the planned issuance period / No): No
4. Total amount and number of shares for the entire offering (for retained earnings or capital reserve capital increase, the number of shares issued does not include those allocated to employees): Total offering amount: NT$300,000,000; Number of shares to be issued: 30,000,000 shares
5. For shelf registration for new share issuance cases, the amount and number of shares issued this time: Not applicable
6. For shelf registration for new share issuance cases, the remaining balance of the amount and number of shares after this issuance: Not applicable
7. Par value per share: NT$10.00
8. Issuance price: The actual issuance price and the total amount to be raised will be determined by the Chairman, in consultation with the securities underwriter, within the price range authorized by the board, in accordance with relevant laws and market conditions, after obtaining approval from the competent authority.
9. Number of shares subscribed by employees or amount allocated: 10% of the total shares issued, totaling 3,000,000 shares
10. Number of shares for public sale: 10% of the total shares issued, totaling 3,000,000 shares
11. Subscription ratio for existing shareholders or gratuitous allotment ratio: 80% of the total shares issued, totaling 24,000,000 shares
12. Handling of odd lots and unexercised shares: Any shortfall in subscription or allotment for existing shareholders and employees, or unexercised shares by existing shareholders, will be authorized for the Chairman to negotiate with specific parties for subscription at the issuance price.
13. Rights and obligations of the new shares issued in this capital increase: Same as the originally issued common shares.
14. Purpose of funds for this capital increase: To supplement operating capital and repay bank loans.
15. Other matters to be disclosed: After the capital increase plan is declared effective by the competent authority, the board will authorize the Chairman to set the issuance price, number of shares, issuance conditions, amount to be raised, record date for subscription, effective date of capital increase, and other related matters for the remaining capital increase issuance within the authorized price range.
2. Source of Capital Increase Funds: Cash capital increase by issuing new shares
3. Whether a shelf registration for new share issuance is adopted (Yes, please specify the planned issuance period / No): No
4. Total amount and number of shares for the entire offering (for retained earnings or capital reserve capital increase, the number of shares issued does not include those allocated to employees): Total offering amount: NT$300,000,000; Number of shares to be issued: 30,000,000 shares
5. For shelf registration for new share issuance cases, the amount and number of shares issued this time: Not applicable
6. For shelf registration for new share issuance cases, the remaining balance of the amount and number of shares after this issuance: Not applicable
7. Par value per share: NT$10.00
8. Issuance price: The actual issuance price and the total amount to be raised will be determined by the Chairman, in consultation with the securities underwriter, within the price range authorized by the board, in accordance with relevant laws and market conditions, after obtaining approval from the competent authority.
9. Number of shares subscribed by employees or amount allocated: 10% of the total shares issued, totaling 3,000,000 shares
10. Number of shares for public sale: 10% of the total shares issued, totaling 3,000,000 shares
11. Subscription ratio for existing shareholders or gratuitous allotment ratio: 80% of the total shares issued, totaling 24,000,000 shares
12. Handling of odd lots and unexercised shares: Any shortfall in subscription or allotment for existing shareholders and employees, or unexercised shares by existing shareholders, will be authorized for the Chairman to negotiate with specific parties for subscription at the issuance price.
13. Rights and obligations of the new shares issued in this capital increase: Same as the originally issued common shares.
14. Purpose of funds for this capital increase: To supplement operating capital and repay bank loans.
15. Other matters to be disclosed: After the capital increase plan is declared effective by the competent authority, the board will authorize the Chairman to set the issuance price, number of shares, issuance conditions, amount to be raised, record date for subscription, effective date of capital increase, and other related matters for the remaining capital increase issuance within the authorized price range.