 2005-03-22 |
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(Central News Agency)
Date: March 22, 2005
Listed Company: YC (4306)
Spokesperson: Li-Wei Chen
Position: Chief Financial Officer
Contact: 02-29033102
Subject: Announcement of Board Resolution to Conduct Cash Capital Increase in Compliance with Article 2, Clause 11
Date of Occurrence: March 18, 2005
Details:
- Date of Board Resolution: March 18, 2005.
- Source of Capital Increase: Cash capital increase.
- Number of Shares Issued: 20,000,000 shares.
- Par Value per Share: 10 NT dollars.
- Total Issuance Amount: 200 million NT dollars.
- Issue Price: Tentatively set at 16 NT dollars per share.
- Shares Allocated for Employee Subscription: 3,000,000 shares.
- Shares for Public Sale: 17,000,000 shares.
- Ratio for Existing Shareholders: Not applicable, as shares will be issued through a book-building process.
- Handling of Fractional Shares and Unsubscribed Shares: The Chairman is authorized to allocate any unsubscribed shares to specific parties.
- Rights and Obligations of Newly Issued Shares: Same as existing shares.
- Purpose of Capital Increase: To repay bank loans and purchase machinery and equipment.
- Other Notes: None.
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