CDFH – China Development Financial Holding Corp.

07/06/2022 | Press release | Distributed by Public on 07/06/2022 04:58

CDF announced the record date of capital reduction for treasury shares

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Provided by: CHINA DEVELOPMENT FINANCIAL HOLDING CORP.
SEQ_NO 1 Date of announcement 2022/07/06 Time of announcement 18:55:47
Subject
 CDF announced the record date of capital
reduction for treasury shares
Date of events 2022/07/06 To which item it meets paragraph 11
Statement
1.Date of the board of directors resolution:NA
2.Record date of capital reduction:2022/07/08
3.Plan for capital reduction and replacement of shares:N/A
4.Record date of replacement of shares:NA
5.Book closure starting date:NA
6.Book closure ending date:NA
7.Rights and obligations of the new shares after capital reduction:N/A
8.Anticipated listing date for the new shares:NA
9.Estimated no.of listed common shares after issuance of new shares upon
capital reduction:N/A
10.Estimated ratio of listed common shares after issuance of new shares upon
capital reduction to outstanding common shares:N/A
11.Please explain any countermeasures for lower circulation in shareholding
if the aforesaid estimated no.of listed common shares upon capital
reduction does not reach 60 million and the percentage does not
reach 25%:N/A
12.Any other matters that need to be specified:
  KGI Securities, a subsidiary of CDF, has reduced its capital and
  returned to CDF all of the Company's 340,713,669 common shares,
  310,901,223 preferred shares as a result of the share swap with China
  Life. The 51st meeting of the 7th term Board of Directors held on April
  25, 2022 approved to cancel 340,713,669 common shares and 310,901,223
  preferred shares at par value of NTD10, totaling to NT$6,516,148,920,
  and authorized the chairman to set the record date of capital reduction.
  Financial Supervisory Commission's approval letter no. 1110212886 dated
  June 13,2022.