news & events

Announcement for completion of the capital reduction as a result of the cancellation of Restricted Employee Shares

Date of the Competent Authority’s approval of the capital reductionMarch 19, 2018
Date of completion of capital amendment registrationMarch 9, 2018

Effect on the company financial report (including any discrepancy between the amount of paid-in-capital and the number of shares outstanding and the effect on net worth per share)

  1. Before the completion of capital amendment registration of capital reduction: The amount of paid-in capital was NTD619,860,000; the number of common shares issued was 61,986,000; the number of common shares outstanding was 61,986,000. Net worth per share was NTD24.716 based on the consolidated financial statements at December 31, 2017.

  2. After the completion of capital amendment registration of capital reduction: The amount of paid-in capital was NTD619,670,000; the number of common shares issued was 61,967,000; the number of common shares outstanding was 61,967,000. Net worth per share was NTD24.724 based on the consolidated financial statements at December 31, 2017.

  3. The number of cancelled shares was 19,000 shares (which was insignificant as % of the total number of shares outstanding), and the change in net assets per share before and after cancellation was not significant which did not cause significant impact to the consolidated financial statements of the Company.

Planned share conversion operationsNot applicable
Estimate listed shares after the capital reduction

Not applicable

The estimate ratio of listed shares to the company’s issued common shares after the capital reductionNot applicable
Countermeasures of the lower circulation in shareholding, if the aforesaid estimate listed common shares does not reach 60 million shares and the ration does not reach 25% after the capital reductionNot applicable
Any other matters that need to be specifiedNone