Century Iron and Steel Industrial : Resolution by the Board of Directors on Discontinuation of Private Placement of Marketable Securities Approved in the 2021 Shareholders’ Meeting
Provided by: Century Iron And Steel Industrial Co.,Lt
SEQ_NO
4
Date of announcement
2022/03/31
Time of announcement
17:32:50
Subject
Resolution by the Board of Directors on
Discontinuation of Private Placement of Marketable
Securities Approved in the 2021 Shareholders' Meeting
Date of events
2022/03/31
To which item it meets
paragraph 16
Statement
1.Date of the board of directors resolution for the change:2022/03/31
2.Effective registration date of the original plan:N/A
3.Resolution date of additional issuance of the original plan:N/A
4.Reason for the change:a.It was authorized in the Shareholders'
Meeting on August 3rd, 2021 that the Board of Directors may raise
funds of no more than 20,000 thousand shares of common stocks by
private placement depending on the market status as well as the
Company's actual demands. The private placement shall be
conducted two times within one year after the authorization
starting from the date of resolution. b.The term of this case
will be reaching one full year on August 3rd, 2022. As the
termination date is near, in consideration of business plan
and market status, the said private placement will not be
renewed and continued.
5.Content of each and every successive previously changed plan for raising
of funds before and after change:N/A
6.Projected timetable for execution:N/A
7.Projected completion date:N/A
8.Projected possible benefits:N/A
9.Difference from original projected benefits:N/A
10.Effect of the current change on shareholder equity:N/A
11.Abstract of the original lead underwriter's appraisal opinion:N/A
12.Any other matters that need to be specified:None
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Disclaimer
Century Iron and Steel Industrial Co. Ltd. published this content on 31 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2022 09:45:04 UTC.
CENTURY IRON AND STEEL INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the processing, manufacture, installation and distribution of steel structures and architectural components. The Company is involved in the manufacture of steel structures for building construction; construction of industrial plans and warehouses, large shopping malls, gymnasiums and parking lots; as well as the manufacture of structural bridges and incinerators, equipment type steel structures and various welded steels. The Company operates its businesses mainly in Taiwan.
Century Iron and Steel Industrial : Resolution by the Board of Directors on Discontinuation of Private Placement of Marketable Securities Approved in the 2021 Shareholders’ Meeting