Announcement of the company's board of directors
resolution of cash capital increase issue of new shares
Date of events
2022/02/14
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/02/14
2.Source of capital increase funds:Cash capital increase to issue new shares
3.Whether to adopt shelf registration (Yes/No):No
4.Scheduled issuance period:
After approval by the competent authority, the board of directors or the
chairman of the board of directors shall make another order
5.Number of shares issued (not including those distributed to employees if
consisting in capital increase from earnings or capital surplus) :
3,300,000 shares
6.Par value per share:NT $10
7.Total monetary value of the issuance:
The offering price is tentatively set at NT $90 per share and the proceeds
are expected to be NT $297,000,000
8.Issue price:
The actual issue price per share shall be determined by the board of
directors or authorized chairman from NT $70 to NT $115 depending on
market conditions and the rule of "Self-Regulatory Rules of the Taiwan
Securities Association underwriter Member To Assist Issuers in Raising and
Issuing Securities"
9.Number of shares subscribed for by or allocated to employees:
15%(495,000 shares)
10.Number of shares publicly sold:
10%(330,000 shares)
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:
75%(2,475,000 shares)
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:
For the teratomized shares of less than one share, the shareholders shall,
within five days from the date of cessation of transfer, apply to the
company's stock agency for the subscription of a whole share. The original
shareholders and employees who give up subscribing or piecing together the
abnormal shares of less than one share plan to authorize the chairman to
negotiate with a designated person to subscribe at the issue price.
13.Rights and obligations of these newly issued shares:
The same as the original issued shares
14.Utilization of the funds from the capital increase:
Purchase of machinery and equipment and related installation works
15.Any other matters that need to be specified:
(1)After the cash capital increase proposal is submitted for approval by the
competent authority, the board of Directors or the chairman of the board of
directors shall separately set the benchmark date for stock subscription and
capital increase and handle matters related to the capital increase.
(2)Important contents of the cash increase plan, including but not limited to
the determination of the number of shares to be issued, the price and the
terms of the issue of the cash increase plan, as well as the total amount of
funds required for the plan, sources of funds, planned projects, progress of
fund utilization, expected benefits and other relevant matters, In case of
changes in laws and regulations, amendments by competent authorities, changes
in objective circumstances, or in response to the needs of subjective and
objective circumstances, the authorized chairman shall have full authority
to make amendments or adjustments.
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Episil-Precision Inc. published this content on 14 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2022 14:42:07 UTC.
Episil-Precision Inc, formerly Precision Silicon Corporation, is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of epitaxial wafers. The Company's major products are epitaxial wafers, which are applied in industries such as personal computer (PC), communications, automobile, electric motor and power management, among others. The Company also involves in agent processing services of epitaxial wafers. It distributes its products principally in Taiwan and to the rest of Asia.
EPISIL-PRECISION INC. 