Announcement on behalf of major subsidiary FAST GROWTH LTD that the Board of Director resolved for increasing capital.
· Issued by Shining Building Business Co. Ltd.
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Provided by: Shining Building Business Co.,Ltd.
SEQ_NO
2
Date of announcement
2022/03/28
Time of announcement
17:35:17
Subject
Announcement on behalf of major subsidiary FAST
GROWTH LTD that the Board of Director resolved for
increasing capital.
Date of events
2022/03/28
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/28
2.Source of capital increase funds:Original shareholders for 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):USD$4,722,563
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:N/A
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:N/A
7.Par value per share:USD$1
8.Issue price:USD$1 per share
9.Number of shares subscribed for by or allocated to employees:N/A
10.Number of shares publicly sold:N/A
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:N/A
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:N/A
13.Rights and obligations of these newly issued shares:
Same as original issued shares
14.Utilization of the funds from the capital increase:
Operating requirements
15.Any other matters that need to be specified:None
