Announcement of the Board of Directors resolution of capital increase through capitalization of earnings on behalf of Orient Forest Development Enterprise Co.,Ltd
· Issued by Rich Development Co. Ltd.
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Provided by: RICH DEVELOPMENT CO.,LTD.
SEQ_NO
5
Date of announcement
2022/04/27
Time of announcement
16:13:04
Subject
Announcement of the Board of Directors resolution
of capital increase through capitalization of earnings
on behalf of Orient Forest Development Enterprise Co.,Ltd
Date of events
2022/04/27
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/04/27
2.Source of capital increase funds:capitalization of retained 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):
NT$50,140,000&5,014,000 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: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:
23 shares stock dividends per one thousand existing shares
12.Handling method for fractional shares and shares
unsubscripted for by the deadline:
Dividends of fractional shares to be paid in cash in a dollar amount at par
value. Such fractional shares will be purchased by persons arranged by the
Chairman as authorized by the Board of Directors.
13.Rights and obligations of these newly issued shares:
Same as existing ordinary shares
14.Utilization of the funds from the capital increase:For future development
15.Any other matters that need to be specified:NA
