The Board resolved to increase capital stock by
earnings recapitalization in 2021
Date of events
2022/03/10
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/10
2.Source of capital increase funds:Earnings of 2021.
3.Whether to adopt shelf registration (Yes, please state issuance period/No):
No.
4.Total monetary value of the issuance and number of shares issued (shares
issued not including those distributed to employees if consisting in
capital increase from earnings or capital surplus):NT$143,887,000 and
14,388,700 shares.
5.If adopting shelf registration, monetary value and number of shares
to be issued this time: N/A.
6.The remaining monetary value and shares after this issuance when
adopting shelf registration: N/A.
7.Par value per share: NT$10.
8.Issue price:N/A.
9.Number of shares subscribed for by or allocated to employees:N/A.
10.Number of shares publicly sold:N/A.
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:50 shares distributed per 1,000 share.
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:For fractional shares which are unable to compose a whole number
of share, cash will be distributed instead.Such remainder fractional shares
will be subscribed by designated individuals arranged by the chairman
authorized by the Board.
13.Rights and obligations of these newly issued shares:Same as the issued and
existing shares.
14.Utilization of the funds from the capital increase:Retain working capital.
15.Any other matters that need to be specified:None.
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Chun Yu Works & Co. Ltd. published this content on 10 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 March 2022 10:12:03 UTC.
CHUN YU WORKS & CO., LTD. is a Taiwan-based company principally engaged in the manufacture and trading of screws, screw caps and wire materials. The Companyâs products include spheroidized wires, polished wire rods, hexagonal screws, high-tension screws, screw bolts and screw caps for control torques, shear nails, screw caps for building construction, anchor bolts, carriage screws, hexagonal socket screws, socket fixed screws, nylon screw caps, stainless steel screw caps, tapping screws, chipboard screws, self drilling screws and stainless steel tapping screws, among others. The Company also provides the design and undertaking services of pollution prevention and sewage treatment equipment. The Company is also engaged in investment businesses and the manufacture and trading of machineries through its subsidiaries.