Announcement of the BOD Resolution on issurance of new shares through capitalization of earnings on behalf of Ta Chen Construction & Engineering Corp.
· Issued by Prince Housing & Development Corp.
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Today's Information
Provided by: Prince Housing & Development Corp.
SEQ_NO
2
Date of announcement
2022/02/25
Time of announcement
13:51:24
Subject
Announcement of the BOD Resolution on issurance
of new shares through capitalization of earnings on
behalf of Ta Chen Construction & Engineering Corp.
Date of events
2022/02/25
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/02/25
2.Source of capital increase funds:
Earnings from the year of 2021 for capitalization.
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 of NT$321,192,340,
with the number of shares issued of 32,119,234 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: NT$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:
Roughly 354.9183 shares/per thousand shares as stock grants.
12.Handling method for fractional shares and shares unsubscripted for by
the deadline: NA.
13.Rights and obligations of these newly issued shares:
Same as the common stocks originally issued.
14.Utilization of the funds from the capital increase:
Increase working capital.
15.Any other matters that need to be specified: None.
