Tai-G (4934) Announces Reduction of Shareholding in Subsidiary 'Shengxin Material' by Over 10%
Tai-G (4934) has announced a cumulative reduction of over 10% in its shareholding of its subsidiary, Shengxin Material Technology Co., Ltd. The reduction resulted from the company's decision not to participate in cash capital increases in 2025 and 2026. The current stake is 37.650%, with no loss of management control.
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- 📰 Published: May 23, 2026 at 06:31
- 🔍 Collected: May 23, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 23, 2026 at 06:46 (14 min after Collected)
Announcement Date: May 22, 115 (Republic of China)
Company Name: Tai-G (4934)
Subject: Announcement regarding the cumulative reduction of shareholding in subsidiary 'Shengxin Material Technology Co., Ltd.' by over 10%.
1. Name of significant subsidiary: Shengxin Material Technology Co., Ltd.
2. Cause: Reduction in shareholding percentage.
3. Method of reduction (per event):
(1) Date: March 3, 114 (Capital increase base date)
Reason: Renouncement of participation in the subsidiary's cash capital increase.
Method: Subsidiary's issuance of new shares.
Change in shareholding: From 47.656% to 42.285%.
Shares renounced: 393,380 shares.
Issue price: NT$ 25 per share.
Total value of renouncement: NT$ 9,834,500.
(2) Date: May 22, 115 (Company shareholders' meeting)
Reason: Renouncement of participation in the subsidiary's cash capital increase.
Method: Subsidiary's issuance of new shares.
Change in shareholding: From 42.285% to 37.650%.
Shares renounced: 3,325,830 shares.
Issue price: NT$ 35 per share.
Total value of renouncement: NT$ 116,404,050.
4. Loss of control: Not applicable. Control remains intact.
5. Transferees: Strategic or financial investors beneficial to the subsidiary's operations.
6. Relationship with transferees: None.
7. Gain/Loss on disposal: Not applicable.
8. Cumulative reduction percentage: 10.006%.
9. Current shareholding: 37.650%.
10. Expert opinion: Accountant Dai Mei-juan considers the pricing reasonable and sees no adverse impact on shareholders' equity.
11. Resolutions: Unanimously approved by the Audit Committee and the Board of Directors.
Company Name: Tai-G (4934)
Subject: Announcement regarding the cumulative reduction of shareholding in subsidiary 'Shengxin Material Technology Co., Ltd.' by over 10%.
1. Name of significant subsidiary: Shengxin Material Technology Co., Ltd.
2. Cause: Reduction in shareholding percentage.
3. Method of reduction (per event):
(1) Date: March 3, 114 (Capital increase base date)
Reason: Renouncement of participation in the subsidiary's cash capital increase.
Method: Subsidiary's issuance of new shares.
Change in shareholding: From 47.656% to 42.285%.
Shares renounced: 393,380 shares.
Issue price: NT$ 25 per share.
Total value of renouncement: NT$ 9,834,500.
(2) Date: May 22, 115 (Company shareholders' meeting)
Reason: Renouncement of participation in the subsidiary's cash capital increase.
Method: Subsidiary's issuance of new shares.
Change in shareholding: From 42.285% to 37.650%.
Shares renounced: 3,325,830 shares.
Issue price: NT$ 35 per share.
Total value of renouncement: NT$ 116,404,050.
4. Loss of control: Not applicable. Control remains intact.
5. Transferees: Strategic or financial investors beneficial to the subsidiary's operations.
6. Relationship with transferees: None.
7. Gain/Loss on disposal: Not applicable.
8. Cumulative reduction percentage: 10.006%.
9. Current shareholding: 37.650%.
10. Expert opinion: Accountant Dai Mei-juan considers the pricing reasonable and sees no adverse impact on shareholders' equity.
11. Resolutions: Unanimously approved by the Audit Committee and the Board of Directors.
FAQ
What is the relationship between Tai-G and Shengxin Material?
Tai-G is the parent company (major shareholder) of Shengxin Material.
Is the reduction in shareholding negative for shareholders?
According to the auditor's opinion, there is no adverse impact on shareholder equity.
Why did the shareholding ratio decrease?
Because Tai-G did not participate in the cash capital increase of Shengxin Material.