Application for a time extension of the authorized period for capital increase by cash has been approved by the FSC.
· Issued by Shih Wei Navigation Co., Ltd.
Close
Today's Information
Provided by: SHIH WEI NAVIGATION CO., LTD
SEQ_NO
2
Date of announcement
2021/11/23
Time of announcement
17:16:57
Subject
Application for a time extension of the
authorized period for capital increase by cash
has been approved by the FSC.
Date of events
2021/11/23
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2021/11/23
2.Company name:SHIH WEI NAVIGATION CO., LTD.
3.Relationship to the Company (please enter ��head office�� or
��subsidiaries��):head office
4.Reciprocal shareholding ratios:None
5.Cause of occurrence:
(1)The company announced a cash capital increase through the issuance of
50,000,000 ordinary shares, each with a par value of NTD 10 for a total
amount of NTD 500,000,000 has been applied and approved by the Financial
Supervisory Commission on Sep 13, 2021 under the FSC��s letter of
1100355812.
(2)In consideration of the recent volatility in capital market, for the
best interest of the Company and its shareholders, a three-month extension
from the competent authorities was applied and has been approved by the
Financial Supervisory Commission on Nov 22, 2021 under the FSC��s letter
of 1100148796. The offering period is therefore extended to March 12, 2022.
6.Countermeasures:N/A
7.Any other matters that need to be specified:N/A
