The board of directors resolved on May 12, 115 (Republic of China calendar) to proceed with a retained earnings capital increase for the subsidiary. The total amount for this capital increase is USD 35,000,000. The funds are earmarked for supporting future production capacity expansion and growth plans. This plan will become effective upon approval by the Investment Commission. Details regarding share issuance, par value, issuance price, employee subscriptions, public offerings, and shareholder rights are not applicable as this is a retained earnings capital increase not involving new share issuance in the typical sense.

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  • Source: PR Times
  • Category: News