Announcement on behalf of the subsidiary Hua Cheng Investment Co., Ltd. the board of directors resolved to issue new shares through capitalization of earnings.
· Issued by Lien Hwa Industrial Holdings Corporation
Announcement on behalf of the subsidiary Hua Cheng
Investment Co., Ltd. the board of directors resolved to
issue new shares through capitalization of earnings.
Date of events
2022/06/20
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/06/20
2.Source of capital increase funds:Capitalization of earnings.
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 61,600,000 and 6,160,000 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:NTD 10
8.Issue price:NA.
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:Around 86 shares per thousand shares.
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:NA.
13.Rights and obligations of these newly issued shares:
Rights and obligations of the newly issued shares are the same as the
current outstanding shares.
14.Utilization of the funds from the capital increase:
For enlarging working capital of the Company.
15.Any other matters that need to be specified:None.
