Act for Subsidiary Taiwan Glass China Holding Ltd. (TGCH) to Announce Completion of Registration of Capital Reduction and Change of Share Capital

 Act for Subsidiary Taiwan Glass China Holding Ltd.
(TGCH) to Announce Completion of Registration of Capital
Reduction and Change of Share Capital

1.Date of the competent authority's approval of capital reduction:NA
2.Date of completion of capitalization change registration:2022/06/23
3.Effect on the financial statements (including any discrepancy between the
amount of paid-in capital and the no.of shares outstanding, and the effect
on net worth per share):
(1) Before Capital Reduction:
Paid-in Capital: US$1,300,000,000.-
Number of Shares Outstanding: 1,300,000,000 shares
(2) After Capital Reduction:
Paid-in Capital: US$1,120,000,000.-
Number of Shares Outstanding: 1,120,000,000 shares
(3)Effect on Net Worth Per Share: No significant impact.
4.Plan for expected share replacement operations:N/A
5.Estimated no.of listed common shares after capital reduction and new issue:
N/A
6.Estimated no.of listed common shares as a percentage of issued common
shares after capital reduction and new issue (No.of common shares after
capital reduction/No.of issued common shares):N/A
7.Countermeasures for poor circulation of equity if the aforesaid estimated
no.of listed common shares does not reach 60 million shares and the
percentage does not reach 25% after capital reduction:N/A
8.Any other matters that need to be specified:None