Announcement of cancellation of the Company
restricted stock awards and change of paid-in capital
registration
Date of events
2022/06/01
To which item it meets
paragraph 36
Statement
1.Date of the competent authority's approval of capital
reduction:2022/05/31
2.Date of completion of capitalization change registration:2022/05/31
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)Before the redemption of the restricted stocks to employees:
Speedtech Corporation's paid-in capital was NT$1,702,799,000, outstanding
shares were 170,279,900 shares, and the net book value per share
was NT$23.497
(2)After the redemption of the restricted stocks to employees:
Speedtech Corporation's paid-in capital was NT$1,702,619,000, outstanding
shares were 170,261,900 shares, and the net book value per share
was NT$23.499
4.Plan for expected exchange of shares:NA
5.Estimated no.of listed common shares after capital
reduction and new issue:NA
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):NA
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:
(1)The capitalization change registration of Speedtech Corporation has been
approved by the regulator on 2022/06/01.
(2)The above net book value per share was based on the 2022Q1 financial
statements reviewed by CPA.
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Speed Tech Corp. published this content on 01 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2022 12:11:11 UTC.
Speed Tech Corp. is a Taiwan-based company principally engaged in the manufacture and distribution of connectors for computers, electronics and communication products. The Company primarily provides electronic connectors, high frequency (RF) antennas, digital television (TV) modules, keypads, in-molding decoration (IMD) casings, including network data connectors, computer connectors, mobile and digital peripheral connectors, keypads, shrapnel and energy application products, among others. Its products are applied primarily in the manufacture of handheld devices, notebook computers, desktop computers, consumer electronic products and other related application products. It distributes its products principally in China, Hong Kong and other markets.
SPEED TECH CORP. 
