Shenghong: Announcement of the Board of Directors’ Decision on Earnings Capital Increase through Issuance of New Shares
Company Code: 8403
Company Name: Shenghong
Date of Announcement: March 14, 2025
Time of Announcement: 17:44:07
Spokesperson: He Weiguang
- Date of Board Resolution: March 14, 2025
- Source of Capital Increase: Retained earnings from the fiscal year 2024
- Will the new shares be issued under a comprehensive declaration? No
- Total Amount and Number of Shares to be Issued: Total issuance amount is NT$65,543,020, totaling 6,554,302 shares. (Note: The number of shares does not include those allocated to employees)
- For comprehensive declaration issuance, the amount and number of shares for this issuance: Not applicable.
- Remaining amount and number of shares after this issuance: Not applicable.
- Par Value per Share: NT$10
- Issue Price: Not applicable.
- Number of Shares for Employee Subscription or Allocation Amount: Not applicable.
- Number of Shares Offered to the Public: Not applicable.
- Proportion of Rights for Original Shareholders to Subscribe or Receive Shares: Each 1,000 shares will receive 49.999999 shares for free.
- Handling of Odd Lots and Shares Not Subscribed Upon Expiration: Shareholders may consolidate shares of less than one whole share by registering with the company’s stock service agent within five days from the cessation of transfer. Any odd lot of less than one share will be converted to cash as stipulated in Article 240 of the Company Act, and the Board of Directors will be authorized to negotiate with specific individuals for the purchase at par value.
- Rights and Obligations of the Newly Issued Shares: Same as those of the existing shares.
- Purpose of the Capital Increase: To enhance operational capital.
- Other Matters to Be Clarified: None
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