Fulltech Fiber Glass Corp Announces Capital
Amendment Registration for the new restricted employee
shares Capital Reduction Completed.
Date of events
2022/04/12
To which item it meets
paragraph 36
Statement
1.Date of the competent authority's approval of capital
reduction:2022/04/12
2.Date of completion of capitalization change registration:2022/04/12
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)The new restricted employee shares reduced NT$150,000 dollars.
Pain-in Capital amended from NT$4,284,835,110 dollars to
NT$4,284,685,110 dollars. Shares Outstanding amended to 428,468,511shares.
(2)Accroding to 2021 fourth quarterly reports,
Before the capital reduction,Net Worth Per Share is NT$17.38dollars.
After the capital reduction,Net Worth Per Share is NT$17.38dollars.
4.Plan for expected exchange of shares:NA
5.Estimated no.of listed common shares after capital
reduction and new issue:428,468,511shares.
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):100%
7.Countermeasures for poor circulation of equity if the
aforesaid estimated no.of
listed common shares does
not reach 5 million shares
and the percentage does not
reach 25% after capital
reduction:NA
8.Any other matters that need
to be specified:
Received date of Authority's approval is 2022/04/13.
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Disclaimer
Fulltech Fiber Glass Corp. published this content on 13 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2022 06:14:09 UTC.
FULLTECH FIBER GLASS CORP. is a Taiwan-based company principally engaged in the research, development, production and sales of electronic grade glass fiber. The Company's main products include industrial grade glass yarns, electronic grade glass yarns, electronic grade glass cloth and others. The Company's products are mainly used in printed circuit boards, personal computer motherboards, notebook computers, mobile phones, as well as aerospace and military industries. The Company distributes its products in domestic market and to overseas markets.