Announcement on behalf of major subsidiary "Ding- Yue Dev. Co.,Ltd" that the BOD has resolved to conduct issuance of new shares through cash capital increase.
· Issued by China Petrochemical Development Corporation
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Today's Information
Provided by: CHINA PETROCHEMICAL DEVELOPMENT CORPORATION
SEQ_NO
1
Date of announcement
2022/03/11
Time of announcement
14:09:32
Subject
Announcement on behalf of major subsidiary "Ding-
Yue Dev. Co.,Ltd" that the BOD has resolved to conduct
issuance of new shares through cash capital increase.
Date of events
2022/03/11
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/11
2.Source of capital increase funds:Cash
3.Whether to adopt shelf registration (Yes, please state issuance period/No):
No
4.Total monetary value of the issuance and number of shares issued (shares
issued not including those distributed to employees if consisting in
capital increase from earnings or capital surplus):
NTD$2,420,000,000；Common stock 242,000,000 shares
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:Not applicable.
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:Not applicable.
7.Par value per share:NT$10
8.Issue price:NT$10
9.Number of shares subscribed for by or allocated to employees:
24,200,000 shares
10.Number of shares publicly sold:Not applicable.
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:90%
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:
To authorize the Chairman to allot these shares for subscription by
designated persons.
13.Rights and obligations of these newly issued shares:
Same rights and obligations as those of the original common shares.
14.Utilization of the funds from the capital increase:
Increasing working capital.
15.Any other matters that need to be specified:
Authorizes the Chairman to handle the cash capital increase matters.
