Today's Information |
Provided by: YULON MOTOR CO.,LTD | |||||
SEQ_NO | 3 | Date of announcement | 2022/08/05 | Time of announcement | 19:48:25 |
Subject | Announcement on behalf of major subsidiary LUXGEN MOTOR CO., LTD. Capitalreductionto cover losses | ||||
Date of events | 2022/08/05 | To which item it meets | paragraph 11 | ||
Statement | 1.Date of the board of directors resolution:2022/08/05 2.Reason for capital reduction:Cover accumulated deficits 3.Amount of capital reduction:NT$5,550,000,000 4.Cancelled shares:555,000,000 per shares. 5.Capital reduction percentage:91.74% 6.Share capital after capital reduction:NT$500,000,000 7.Scheduled date of the shareholders meeting:2022/08/05 8.Estimated no.of listed common shares after issuance of new shares upon capital reduction:NA 9.Estimated ratio of listed common shares after issuance of new shares upon capital reduction to outstanding common shares:NA 10.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%:NA 11.The record date for capital reduction:2022/09/22 12.Any other matters that need to be specified:None. |
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Yulon Motor Co. Ltd. published this content on 05 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2022 12:05:15 UTC.