Today's Information |
Provided by: YULON MOTOR CO.,LTD | |||||
SEQ_NO | 4 | Date of announcement | 2022/08/05 | Time of announcement | 19:49:05 |
Subject | Announcement on behalf of major subsidiary LUXGEN MOTOR CO., LTD. for cash capital increase | ||||
Date of events | 2022/08/05 | To which item it meets | paragraph 11 | ||
Statement | 1.Date of the board of directors resolution or decision by the Company:2022/08/05 2.Number of shares issued:42,700,000 shares. 3.Par Value per share:NT$10 per share. 4.Total monetary value of the issuance:NT$ 427,000,000 5.Issue price:NT$10 per share. 6.Number of shares subscribed for by employees:10% reserved by employees subscription. 7.Ratio of shares subscribed for by existing shareholders:90% 8.Method for public sale and no.of shares:NA 9.Handling method for fractional shares and shares unsubscripted for by the deadline:Authorized by the chairman for subscribed by specified persons. 10.Rights and obligations of these newly issued shares:Issuing of shares by the rights and obligations covered as same of issued. 11.Utilization of the funds from the current capital increase: The main factor is the preparation for the launch of new models, and improve the financial structure of LUXGEN. 12.Record date of cash capital increase and share subscription:2022/09/23 13.Last date before book closure:2022/08/16 14.Book closure starting date:2022/08/12 15.Book closure ending date:2022/08/16 16.Payment period:2022/09/01~2022/09/23 17.Date of the agreement with the banks to collect and deposit the proceeds:NA 18.Name of the institution designated to collect the proceeds:NA 19.Name of the bank designated to deposit the proceeds:NA 20.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.