news & events

Capital Reduction due to Cancellation of Restricted Employee Shares

Date of the board of directors resolutionAugust 08, 2018
Reason for the capital reductionAs the vesting conditions of the issuance of restricted employee shares have not been met by the intended employee, the Company will withdraw issuance to such employee without compensation and cancel the full number of the shares.

Amount of the capital reduction

NTD 290,000

Cancelled shares29,000 shares
Capital reduction ratio

0.047%

Share capital after the capital reductionNTD 619,320,000
Scheduled date of the shareholders’ meetingNot applicable
Estimate listed common shares after the capital reductionNot 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 listed common shares does not reach 60 million shares and the ration does not reach 25% after capital reductionNot applicable
Any other matters that need to be specifiedRecord date for capital reduction is August 15, 2018