2321 Teco Image Systems: Announcement on Capital Reduction to Offset Losses
Teco Image Systems held its annual general meeting on May 26, 115, approving a capital reduction to offset losses. The reduction amounts to approximately NT$137 million, with a ratio of 45.31%. Creditors have 31 days to file objections.
📋 Article Processing Timeline
- 📰 Published: May 27, 2026 at 06:31
- 🔍 Collected: May 27, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:38 (109h 7m after Collected)
1. Date of occurrence: 115/05/26. 2. Company name: Teco Image Systems Co., Ltd. 3. Relationship with the company: The Company. 4. Mutual shareholding ratio: N/A. 5. Reason for occurrence: The Company's annual general meeting approved the capital reduction to offset losses. 6. Countermeasures: (1) The Company's annual general meeting on May 26, 115, approved the capital reduction to improve financial structure. The reduction is NT$137,168,690, canceling 13,716,869 shares, a ratio of 45.312174%. The paid-in capital after reduction will be NT$165,550,600, with a par value of NT$10 per share, totaling 16,555,060 shares (including 8,750,053 private placement shares). (2) Creditors who object to this resolution should submit a written objection to the Company within 31 days from the date of this announcement, in accordance with the Company Act. Failure to do so will be deemed as no objection.
FAQ
What is the impact on shareholders?
The number of shares held decreases, but the net asset value per share is adjusted accordingly.