Cheng Shin Rubber Ind : CST's Board of Directors approved the cash capital increase of Maxxis Rubber India Private Limited.(Correction of actual investment amount)

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Close Today's Information Provided by: Cheng Shin Rubber Ind., Co., Ltd. SEQ_NO 2 Date of announcement 2022/06/16 Time of announcement 14:14:13 Subject CST's Board of Directors approved the cash capital increase of Maxxis Rubber India Private Limited.(Correction of actual investment amount) Date of events 2022/05/11 To which item it meets paragraph 20 Statement 1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):the cash capital increase Maxxis Rubber India Private Limited 2.Date of occurrence of the event:2022/05/11 3.Amount, unit price, and total monetary amount of the transaction: CST intends to invest in INR2,309,981,270.00 4.Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed):CST's subsidiary 5.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer:NA 6.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction:NA 7.Matters related to the current disposal of creditors' rights (including types of collaterals of the disposed creditor's rights; if creditor's rights over a related party, announcement shall be made of the name of the related party and the book amount of the creditor's rights, currently being disposed of, over such related party):NA 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition):NA 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:CST's own funds invest in Maxxis Rubber India Private Limited with INR2,309,981,270.00 10.The manner of deciding on this transaction (such as invita...

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