Cameo Communications : Announcement the approval by relevant authority for capital reduction in cash on behalf of Nettech Technology (Suzhou) Co., Ltd.
Announcement the approval by relevant authority
for capital reduction in cash on behalf of Nettech
Technology (Suzhou) Co., Ltd.
Date of events
2022/02/14
To which item it meets
paragraph 36
Statement
1.Date of the competent authority's approval of capital reduction:2022/02/11
2.Date of completion of capitalization change registration:2022/02/11
3.Effect on the financial statements (including any discrepancy between the
amount of paid-in capital and the no.of shares outstanding, and the effect
on net worth per share):
(1)Before approval of capital reduction:USD 27,714,433
(2)Amount of the capital reduction is USD 25,000,000
(3)After approval of capital reduction: USD 2,714,433
4.Plan for expected share replacement operations:NA
5.Estimated no.of listed common shares after capital reduction and new issue:
NA
6.Estimated no.of listed common shares as a percentage of issued common
shares after capital reduction and new issue (No.of common shares after
capital reduction/No.of issued common shares):NA
7.Countermeasures for poor circulation of equity if the aforesaid estimated
no.of listed common shares does not reach 60 million shares and the
percentage does not reach 25% after capital reduction:NA
8.Any other matters that need to be specified:
Approval letter was obtained on 2022/02/14.
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Cameo Communications Inc. published this content on 14 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2022 08:32:04 UTC.
CAMEO COMMUNICATIONS, INC. is a Taiwan-based company principally engaged in the research, development, manufacture, processing, assembly and distribution of computer network system equipment and related components. The Companyâs primary products include network interface cards (NICs), switches and routers, wireless local area network (WLAN) cards, as well as WLAN access points, routers, broadband routers and other products. Its products are mainly used in the connecting of computers to local area network (LAN) and WLAN, as well as the transferring of electronic files. The Company is also involved in the provision of maintenance services. The Company mainly distributes its products in domestic market and overseas markets, including the Asia-Pacific regions, the Americas and Europe.
Cameo Communications : Announcement the approval by relevant authority for capital reduction in cash on behalf of Nettech Technology (Suzhou) Co., Ltd.
CAMEO COMMUNICATIONS, INC. 
