The company announces the adjustment of conversion price for its seventh domestic secured convertible bonds. (adjustment to cash dividend payout ratio)
· Issued by YeaShin International Development Co. Ltd.
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Today's Information
Provided by: YeaShin International Development Co., Ltd.
SEQ_NO
2
Date of announcement
2022/06/29
Time of announcement
14:56:45
Subject
The company announces the adjustment of conversion
price for its seventh domestic secured convertible bonds.
(adjustment to cash dividend payout ratio)
Date of events
2022/06/29
To which item it meets
paragraph 53
Statement
1.Date of occurrence of the event:2022/06/29
2.Company name:Yeashin International Development Co., Ltd.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:In response to the company's 2021 cash dividend
distribution operations,the Company adjusts the conversion price of
its seventh domestic secured convertible bonds pursuant to the Company's
Procedures for the Issuance and Conversion of the Seventh Domestic Secured
Convertible Bonds.
6.Countermeasures:The Company will adjust the conversion price for its
seventhdomestic secured convertible bond (Ticker Symbol: 52137, Abbr.:
YeaShin 7) from NT$15.44 to NT$14.84, starting July 10, 2022.
7.Any other matters that need to be specified:
The Company's new stock issuance using cash capital for 2022 had affected
the number of outstanding shares and changed the payout ratio to
shareholders.