Announcement on Behalf of major Subsidiary-
Regent Electron (Suzhou) Co., Ltd., BOD resolved
to capital increase.
Date of events
2022/08/09
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/08/09
2.Source of capital increase funds:Mainland China subsidiary surplus to
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):
Total monetary value of the issuance:USD$9 million
Number of shares issued:NA
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:NA
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:NA
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:NA
13.Rights and obligations of these newly issued shares:NA
14.Utilization of the funds from the capital increase:Increase working capital
15.Any other matters that need to be specified:NA
