TCC - Taiwan Cement Corporation

05/10/2022 | Press release | Distributed by Public on 05/10/2022 05:07

Announce on behalf of subsidiary, Chia-Ho Green Energy, BOD resolution to cash capital increase by issuing new common shares

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Provided by: Taiwan Cement Corp.
SEQ_NO 4 Date of announcement 2022/05/10 Time of announcement 19:04:42
Subject 
 Announce on behalf of subsidiary, Chia-Ho Green
Energy, BOD resolution to cash capital increase
by issuing new common shares
Date of events 2022/05/10 To which item it meets paragraph 51
Statement 
1.Date of occurrence of the event:2022/05/10
2.Company name: Chia-Ho Green Energy Corporation
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):subsidiaries
4.Reciprocal shareholding ratios:Chia-Ho Green Energy is 100% owned by TCC
5.Cause of occurrence:Announce on behalf of subsidiary, Chia-Ho Green
 Energy, BOD resolution to cash capital increase by issuing
new common shares of 360,000,000 shares with face value of NT$10
per share. The total amount of issuance is NT$3,600,000,000.
6.Countermeasures:Proposed Chia-Ho Green Energy BOD to authorize
Chairperson to appoint designated participant, Windbond
Electronics, to participate by buying shares based on issue price.
The top limit for Windbond Electronics to buy shares is 55,500,000
shares (total investment of NT$555,000,000).
7.Any other matters that need to be specified:Windbond Electronics is a
related party to Chia-Ho Green Energy.