Announcement of the resolution by the board of directors to capital reduction,on behalf of subsidiary Quanta Storage International Ltd.
· Issued by Quanta Storage Inc.
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Today's Information
Provided by: Quanta Storage Inc.
SEQ_NO
1
Date of announcement
2022/02/11
Time of announcement
15:53:43
Subject
Announcement of the resolution by the board of directors
to capital reduction,on behalf of subsidiary
Quanta Storage International Ltd.
Date of events
2022/02/11
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/02/11
2.Reason for capital reduction:
In order to meet the Company's future development and operational needs.
3.Amount of capital reduction:US$10,500,000
4.Cancelled shares:NA
5.Capital reduction ratio:16.71%
6.Share capital after capital reduction:US$52,320,000
7.Scheduled date of the shareholders' meeting:NA
8.Estimated no.of TPEx-listed common shares after issuance
of new shares upon capital reduction:NA
9.Estimated ratio of TPEx-listed common shares after issuance
of new shares upon capital reduction to outstanding common
shares:NA
10.Please explain any countermeasures for lower circulation
in shareholding if the aforesaid estimated no.of TPEx-listed
common shares upon capital reduction does not reach 5 million
and the ratio does not reach 25%:NA
11.Record date of capital reduction:NA
12.Any other matters that need to be specified:None
