2023/11/24

Announced the modification of the utilization of the funds from the capital raising plan through issuance of common shares

Date of Announcement Time of Announcement Spokesman Title of Spokesman Telephone
2023/11/24 19:57:07 Kim Yu Financial Controller 03-3289289

 

1.Date of occurrence of the event:2023/11/24
2.Date of the original announcement and reporting:2023/08/02
3.Summary of the content originally announced and reported:
  The Company's Board of Directors approved capital raising plan through issuance of common shares on August 2, 2023.
  (1)Total monetary value of the issuance and number of shares issued:maximum 10,000,000 common shares
  (2)Par value per share:NT$10
  (3)Issue price:As to the pricing of the issuance of common shares is calculated according to the regulation, the 
price of per share shall not be lower than 70% of the simple average closing price of the common
shares of the TPEx listed company for either the 1, 3, or 5 business days before the filing of the
case with the FSC and the ex-rights trading day. After the capital increase proposal is approved by
the authority, the chairman is authorized to determine the issuance price after consulting with
underwriters about current market condition at 70% to 90% of the above mentioned average stock price. (4)Number of shares subscribed for by or allocated to employees:10% of newly issued common shares (5)Number of shares publicly sold:10% of newly issued common shares (6)Ratio of shares subscribed by existing shareholders:80% of newly issued common shares (7)Utilization of the funds from the capital increase:To strengthen working capital 4.Reason for change and its main content:In response to actual circumstances, the utilization of the funds from the
capital increase adjusted from “strengthen working capital” To “repay bank loans and strengthen working capital”,
and other issuance conditions remain unchanged. 5.Impact on the Company's finance and business after the change:None 6.Any other matters that need to be specified: (1)After the capital increase proposal is approved by the authority, the chairman will determine the subscription
date and capital increase date and other related matters. (2)Due to the regulations of the competent authority or the impact of the objective environment, the Chairman will
have full authority to make amendments to contents of the capital increase plan, including issuance price,
issuance number of shares, issuance conditions, planned subjects, fund allocation and progress, expected benefit.