Announcement on Behalf of the Subsidiary- FOXWELL ENERGY CORPORATION LTD.,BOD resolved on earnings distribution to capital increase.
· Issued by Shinfox Energy Co., Ltd.
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Today's Information
Provided by: SHINFOX ENERGY CO., LTD.
SEQ_NO
5
Date of announcement
2022/03/07
Time of announcement
18:34:41
Subject
Announcement on Behalf of the Subsidiary-
FOXWELL ENERGY CORPORATION LTD.,BOD resolved on
earnings distribution to capital increase.
Date of events
2022/03/07
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/07
2.Source of capital increase funds:Surplus capital increase
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):
NTD100,000,000
10,000,000 common shares
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:None
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:None
7.Par value per share:NTD10
8.Issue price:None
9.Number of shares subscribed for by or allocated to employees:None
10.Number of shares publicly sold:None
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:33.33 shares allotted for every thousand shares.
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:None
13.Rights and obligations of these newly issued shares:
The rights and obligations of this cash increase in issuing
new shares are the same as the original issued ordinary shares.
14.Utilization of the funds from the capital increase:
increase working capital
15.Any other matters that need to be specified:None
