Announcement of the Full Collection of Payment for the Privately Placed Common Shares
· Issued by Crowell Development Corp.
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Today's Information
Provided by: CROWELL DEVELOPMENT CORP.
SEQ_NO
6
Date of announcement
2022/02/23
Time of announcement
17:07:25
Subject
Announcement of the Full Collection of Payment
for the Privately Placed Common Shares
Date of events
2022/02/23
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/02/23
2.Company name:CROWELL DEVELOPMENT CORP.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):Head office.
4.Reciprocal shareholding ratios:Not applicable.
5.Cause of occurrence:
The Full Collection of Payment for the Privately Placed Common Shares.
6.Countermeasures:None.
7.Any other matters that need to be specified:
On July 29, 2021, the shareholders'meeting of the Company resolved to
increase the capital in cash with the private placement of maximum
50,000,000 common shares (face value TWD 10 per share); the actual price
of the private placement is TWD 17.40 per share.
The shares actually placed privately are 50,000,000 shares, and the
actual total amount of the private placement is TWD 870 million.