Announcement on Behalf of the Subsidiary-
FOXWELL ENERGY CORPORATION LTD.,BOD resolved on
issue new shares for cash capital increase
Date of events
2022/06/20
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution or
decision by the Company:2022/06/20
2.Number of shares issued:200,000,000 common shares
3.Par Value per share:NT$10
4.Total monetary value of the issuance:NT$2,000,000,000
5.Issue price:NT$10
6.Number of shares subscribed for by employees:20,000,000 shares
7.Ratio of shares subscribed for by existing shareholders:
Except for 10% of the new shares issued to be subscribed by employees,
the remaining shares will be subscribed by the original shareholders
according to the original shareholding ratio.
8.Method for public sale and no.of shares:Not a public sale
9.Handling method for fractional shares and shares unsubscripted for by the
deadline:Authorize the chairman to negotiate with a specific person
to subscribe for it at the issue price.
10.Rights and obligations of these newly issued shares:
Rights and obligations of these newly issued shares are
the same as those of the original shares.
11.Utilization of the funds from the current capital increase:
Sufficient working capital.
12.Record date of cash capital increase and share subscription:
2022/06/26
13.Last date before book closure:2022/06/21
14.Book closure starting date:2022/06/22
15.Book closure ending date:2022/06/26
16.Payment period:Full payment before2022/06/26
17.Date of the agreement with the banks to collect and deposit the proceeds:
N/A
18.Name of the institution designated to collect the proceeds:N/A
19.Name of the bank designated to deposit the proceeds:N/A
20.Any other matters that need to be specified:
On 111/5/4, the board of directors of the company
approved the capital increase of subsidiary
FOXWELL ENERGY CORPORATION LTD.,with NT$3,000,000,000,
the subsidiary FOXWELL ENERGY CORPORATION LTD.,
plans to increase its capital by NT$2,000,000,000 on
111/06/26 and the remaining NT$1,000,000,000 will be
announced separately in accordance with the subsequent
board of directors' approval of the capital increase plan.
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Shinfox Energy Co. Ltd. published this content on 20 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 June 2022 06:43:06 UTC.
Shinfox Energy Co Ltd is a Taiwan-based company mainly engaged in the provision of energy-related engineering services. The Company provides construction of renewable energy power plants, mechanical and electrical engineering, energy-saving services and equipment installation and other related turnkey projects. Engineering services include feasibility study and planning, engineering design, equipment supply, equipment production, engineering construction, construction supervision, and commissioning. Technical services include the evaluation and planning of the use of energy-saving lamps, frequency conversion technology, network monitoring, and contract power consumption, and the provision of energy-saving and emission-reduction technical services for shopping malls and department stores. The electricity sales service is to supply the produced electricity to various electricity needs, including industrial electricity and residential electricity.
SHINFOX ENERGY CO., LTD. 
