1. Date of Event: 115/07/23 2. Original Announcement Date: 115/03/05 3. Summary of Original Announcement: (1) The company publicly announced on March 5, 115, that its board of directors had resolved to proceed with a cash capital increase and issuance of new shares. (2) The company announced on June 26, 115, matters concerning the determination of the subscription benchmark date for the 115 cash capital increase and new share issuance. (3) The company issued a supplementary announcement on July 6, 115, regarding the subscription benchmark date for the 115 cash capital increase, specifying the issue price per share, the designated bank accounts for receiving subscription payments, and the custodial accounts. 4. Reasons for Change and Key Details: Due to changes in the objective market environment and in consideration of the company’s recent stock price fluctuations, and in the interest of maximizing corporate and overall shareholder benefits, the company intends to apply to the regulatory authority for withdrawal of the cash capital increase and new share issuance plan. The funds required for this capital increase plan will instead be sourced from internal funds or other alternative methods. 5. Impact on Company's Financial and Business Operations: Should funding shortfalls arise following the withdrawal of this plan, the required capital will be covered through internal funds or other means. This adjustment is not expected to have a material impact on the company’s financial or business operations. 6. Other Matters to be Disclosed: (1) The company’s cash capital increase and new share issuance plan was previously approved by the Financial Supervisory Commission on April 30, 115, under reference number JGZ-Fa-1150340563. (2) The company’s application to extend the subscription period for the cash capital increase by three months was accepted for record-filing by the Financial Supervisory Commission on June 25, 115, under reference number JGZ-Fa-1150141055. (3) The current application to withdraw the cash capital increase and new share issuance plan has not yet been approved by the Financial Supervisory Commission. A separate announcement will be made upon receipt of formal approval.
FACT BOX
- Source: PR Times
- Category: Funding
- Dates in source: 115/03/05 / 115/07/23