On behalf of WPG subsidiary Silicon Application Corp. announces that Board of Directors approved the issuance of new shares from distributable earnings
2021-06-22
1.Date of the board of directors resolution:2021/06/22
2.Source of capital increase funds:Capital increase by earnings
3.Number of shares issued (not including those distributed to employees if
consisting in capital increase from earnings or capital surplus) :
29,000 thousand shares
4.Par value per share:NT$10
5.Total monetary value of the issuance:NT$290,000 thousand
6.Issue price:N/A
7.Number of shares subscribed for by or allocated to employees:N/A
8.Number of shares publicly sold:N/A
9.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:Allot all shares to the sole institutional shareholder, WPG
Holdings Limited
10.Handling method for fractional shares and shares unsubscripted for by
the deadline:N/A
11.Rights and obligations of these newly issued shares:
Same as the original ordinary shares
12.Utilization of the funds from the capital increase:
Replenish working capital
13.Any other matters that need to be specified:None