1.Date of the board of directors resolution:2024/03/13
2.Reason for capital reduction:
To increase the return on equity,it is proposed to reduce capital and refund
cash to shareholders.
3.Amount of capital reduction:NT$504,000,210
4.Cancelled shares:50,400,021 shares
5.Capital reduction percentage:20%
6.Share capital after capital reduction:NT$2,016,000,840
7.Scheduled date of the shareholders meeting:2024/06/18
8.Estimated no.of listed common shares after issuance of new shares
upon capital reduction:201,600,084 shares
9.Estimated ratio of listed common shares after issuance of new shares upon
capital reduction to outstanding common shares:100%
10.Please explain any countermeasures for lower circulation in
shareholding if the aforesaid estimated no.of listed common shares upon
capital reduction does not reach 60 million and the percentage does not
reach 25%: N.A.
11.The record date for capital reduction:
After the approval of this capital reduction from the shareholders'
meeting and the ities, the Chairman will be ized by the
Shareholders’ meeting to set schedule and timeline for the record date
of the capital reduction and that of exchange of shares.
12.Any other matters that need to be specified:
(1)Based on the total number of shares issued, approximately 200 shares
(ie about 800 shares will be re-issued for each stock) will be reduced per
1,000 share. The reduced capital will be paid by cash per the shareholding
based on the register of shareholders at the record date of the replacement
of share certificates, (rounded up to the nearest integer)
(2)The new shares with cash replenishment were issued without entities,
their rights and obligations were the same as those of the original shares.
For fractional shares of common stock that are still less than 1 share after
capital reduction, shareholders may make combination register with the
Company's agent for stock affairs from five days to one day before the book
closure date.
For fractional shares of common stock that are still less than 1 share after
combination, cash bill be distributed based on the face value
(rounded up to the nearest integer); Chairman is ized to appoint a
specific party to subscribe to such fractional shares per the face value.
(3) Before the record date, any changes to the capital reduction ration and
the amount returned per share caused by adjustment in regulations or
request from the ities; or in response to any other factors, will be
brought up at the shareholders'meeting in order to ize the Chairman
of the Board to deal with the issue.
