Today's Information |
Provided by: FAR EASTERN INTERNATIONAL BANK | |||||
SEQ_NO | 4 | Date of announcement | 2022/03/03 | Time of announcement | 19:03:52 |
Subject | FEIB's board of directors resolution for new share issuing through capitalization of earnings. | ||||
Date of events | 2022/03/03 | To which item it meets | paragraph 11 | ||
Statement | 1.Date of the board of directors resolution:2022/03/03 2.Source of capital increase funds:Earnings 3.Whether to adopt shelf registration (Yes, please state issuance period/No): No 4.Total monetary value of the issuance and number of shares issued (shares issued not including those distributed to employees if consisting in capital increase from earnings or capital surplus):55,520,619 5.If adopting shelf registration, monetary value and number of shares to be issued this time:NA 6.The remaining monetary value and shares after this issuance when adopting shelf registration:NA 7.Par value per share:NT$10 8.Issue price:Not applicable 9.Number of shares subscribed for by or allocated to employees:NA 10.Number of shares publicly sold:NA 11.Ratio of shares subscribed by or allotted as stock dividends to existing shareholders: 15.8 shares distributed to each 1,000 shares. 12.Handling method for fractional shares and shares unsubscripted for by the deadline: Fractional shares may be pooled by two shareholders or more into one full share of a named shareholder; for the fractional share which cannot be pooled, the distribution will be made in the form of cash in dollar amount calculated at par value; such fractional shares shall be purchased by the Bank's share holding trust of employees at par value. 13.Rights and obligations of these newly issued shares: Same as the existing shares. 14.Utilization of the funds from the capital increase: To fund business development needs, replenish working capital, and improve capital structure. 15.Any other matters that need to be specified: NIL |
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Far Eastern International Bank published this content on 03 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 March 2022 11:20:12 UTC.