Announcement for the withdrawal of the issuance of New Shares for cash capital increase
|Date of occurrence of the event||October 13, 2016|
|Date of the original public announcement and reporting||March 23, 2016|
Summary of the content originally publicly announced and reported
The Board of Directors resolved the issuance of New Shares of cash capital increase.
|Reason for, and major content of, the change||The recent political and economic unrest results in fluctuation in domestic capital markets, which increases the uncertainly to raise fund through issuing new common shares, therefore, the Company intends to withdraw the issuance of New Shares for cash capital increase with Financial Supervisory Commission.|
|Effect on the Company’s finances and business after the change||The Company will change the funding needs to be financed by its own funds or other means of finance, accordingly, there’s no major impacts on the Company’s financial and business operation.|
|Any other matters that need to be specified|