Announcing the Board of Directors Resolution on
Capital Investment in a Subsidiary in Vietnam.
Date of events
2021/11/10
To which item it meets
paragraph 15
Statement
1.Date of the resolution of the board of directors or
shareholders meeting:2021/11/10
2.Content of the investment plan:To establish a subsidiary
in Vietnam that will manufacture and sell synthetic
fiber products.
3.Projected monetary amount of the investment:
Approximately NTD 2.38 billion
(equivalent to USD 85 million)
4.Projected date of the investment:
During year 2022 - 2026
5.Source of capital funds:
Existing equity and loans
6.Specific purpose:To accommodate local market needs
and expand the Company��s market share.
7.Any other matters that need to be specified:No
