Announces the resolution of the Board of
Directors to convert private shares into public
offerings
Date of events
2022/08/10
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/08/10
2.Company name: HWA FONG RUBBER IND. CO., LTD.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):Head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:Privately placed securities were made in 2012 in
three tranches.At least 3 full years after the delivery date, it is
accorded with the restrictions on transfers and condition of the
retroactive handling of public issuance procedures for Article 43-8 of
Securities and Exchange Act and Article 68 of Regulations
Governing the Offering and Issuance of Securities by Securities
Issuers. The Board of Directors resolved to the retroactive
handling of public issuance procedures and apply to the Stock
Exchange for the above-listed privately placed securities.
6.Countermeasures:None.
7.Any other matters that need to be specified:None.
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HWA FONG Rubber Ind. Co. Ltd. published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 09:36:09 UTC.
Hwa Fong Rubber Ind Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing, distribution and trading of tires and other rubber products. The Company provides bicycle tires, agricultural and industrial tires, motorcycle tires, truck tires, automobile tires, radial tires and other rubber products. Its tire products are applied in sedans, recreational and leisure vehicles, heavy trucks, trailers, grass mowers, forklifts, as well as bicycles and monocycles. The Company distributes its products in Taiwan market and to Mainland China, the Americas, Thailand and other markets.