Today's Information |
Provided by: Prince Housing & Development Corp. | |||||
SEQ_NO | 4 | Date of announcement | 2021/11/04 | Time of announcement | 14:17:54 |
Subject | Announcement on behalf of subsidiary Times Square Int'l Hotel Co. that the BOD has resolved to conduct issurance of new shares through cash capital increase. | ||||
Date of events | 2021/11/04 | To which item it meets | paragraph 11 | ||
Statement | 1.Date of the board of directors resolution or decision by the Company: 2021/11/04 2.Number of shares issued: 50,000,000 shares. 3.Par Value per share: NTD$10. 4.Total monetary value of the issuance: NTD$500,000,000. 5.Issue price: NTD$10. 6.Number of shares subscribed for by employees: 10% of the newly issued shares is reserved for subscription by employees, according to the Company Act, which amounts to 5,000,000 shares . 7.Ratio of shares subscribed for by existing shareholders: 90% of the newly issued shares is subscribed for by existing shareholders, which amounts to 45,000,000 shares. 8.Method for public sale and no.of shares: NA. 9.Handling method for fractional shares and shares unsubscripted for by the deadline: The Chairman shall be authorized to designate specific persons for the purchase. 10.Rights and obligations of these newly issued shares: Same rights and obligations as those of the original common shares. 11.Utilization of the funds from the current capital increase: To increase working capital. 12.Record date of cash capital increase and share subscription: 2021/11/05. 13.Last date before book closure: NA. 14.Book closure starting date: NA. 15.Book closure ending date: NA. 16.Payment period: (1) Payment period for original shareholders and employees: 2021/11/09-2021/11/11. (2) Payment period for specific persons: 2021/11/12-2021/11/18. 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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Prince Housing & Development Corp. published this content on 04 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2021 06:31:03 UTC.