Taipei, Taiwan, March 24, 2017-Lumax (6192.tw) announced today that it would conduct a capital reduction of approximate NT$ 118,710,830 with the cancellation of 11,871,083 outstanding shares, following a resolution passed at a meeting of the Board of Directors held today. Shareholders will receive NT$ 1 for each of their shares held.
Upon completion of the capital reduction, the outstanding capital of the company will be about NT$ 1,068 million, with the exact exchange ratio for shares and the amount of the capital reduction to be set on the record date for capital reduction after the approval by the authority and the Annual General Shareholders Meeting.