Announcement on behalf of the major subsidiary Darfon (Labuan) Corporation that the Board of Directors approved cash capital increase
· Issued by Darfon Electronics Corp
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Today's Information
Provided by: DARFON ELECTRONICS CORP
SEQ_NO
1
Date of announcement
2022/04/15
Time of announcement
16:05:00
Subject
Announcement on behalf of the major subsidiary
Darfon (Labuan) Corporation that the Board of Directors
approved cash capital increase
Date of events
2022/04/15
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/04/15
2.Source of capital increase funds:Cash capital increase
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):
Total monetary value of the issuance:USD3,400,000 ;
Number of shares issued:3,400,000 shares
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:NA
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:NA
7.Par value per share:USD1
8.Issue price:USD1
9.Number of shares subscribed for by or allocated to employees:NA
10.Number of shares publicly sold:NA
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:NA
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:NA
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 and long-term investment.
15.Any other matters that need to be specified:None
