8473 Shanlin Water: Announcement on Capitalization of Retained Earnings
Shanlin Water (8473) announced on May 22, 2025, that its board resolved to capitalize retained earnings to issue new shares. The issuance involves 13,381,000 shares totaling NT$133.81 million. Existing shareholders will receive approximately 60.00072282 shares per 1,000 shares held. The capital is intended for future business development.
📋 Article Processing Timeline
- 📰 Published: May 23, 2026 at 06:31
- 🔍 Collected: May 23, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 21:05 (206h 33m after Collected)
On May 22, 2025, Shanlin Water (8473) announced on behalf of its subsidiary, Dongshanlin Development, that the board of directors has resolved to issue new shares through the capitalization of retained earnings. This capital increase is intended to support future development needs. The total issuance amount is NT$133,810,000, with 13,381,000 new shares issued. The par value per share is NT$10. The distribution ratio for existing shareholders is approximately 60.00072282 shares per 1,000 shares. Fractional shares will be distributed in cash, and the remaining shares will be allocated to specific parties at par value as authorized by the board.
FAQ
How does the capital increase affect shareholders?
Shareholders receive bonus shares, maintaining their equity stake while adjusting the company's capital base.