Evergreen International Storage & Transport : To announce the board of Evergreen Logistics Corp., an major subsidiary of EITC, resolved to issue new shares by capital increase from retained earnings.
Provided by: EVERGREEN INTERNATIONAL STORAGE & TRANSPORT
SEQ_NO
5
Date of announcement
2022/03/10
Time of announcement
17:37:43
Subject
To announce the board of Evergreen Logistics
Corp., an major subsidiary of EITC, resolved to issue
new shares by capital increase from retained earnings.
Date of events
2022/03/10
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/10
2.Source of capital increase funds:Retained earnings available
for distribution
3.Whether to adopt shelf registration (Yes, please state issuance period/No):
No
4.Total monetary value of the issuance and number of shares issued (shares
issued not including those distributed to employees if consisting in
capital increase from earnings or capital surplus):
NTD 308,000,000, 30,800,000 shares.
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:NA
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:NA
7.Par value per share:NTD 10
8.Issue price:NA
9.Number of shares subscribed for by or allocated to employees:NA
10.Number of shares publicly sold:NA
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:1,054.794 shares per thousand shares.
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:
If the stock dividends include any fractional shares, the
distribution will be made in cash. And the purchaser of such the fractional
shares will be arranged by the Chairman authorized by the Board of
Directors of Evergreen Logistics Corp.
13.Rights and obligations of these newly issued shares:
Rights and obligations of the newly issued shares are the
same as the current outstanding shares.
14.Utilization of the funds from the capital increase:
For fulfilling working capital.
15.Any other matters that need to be specified:None
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Disclaimer
Evergreen International Storage and Transport Corp. published this content on 10 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 March 2022 10:12:04 UTC.
EVERGREEN INTERNATIONAL STORAGE & TRANSPORT is a Taiwan-based company principally engaged in chartering, transportation and container leasing businesses. The Company is also engaged in port business, oil distribution, as well as passenger transportation business. The Company mainly conducts its businesses within domestic market.
Evergreen International Storage & Transport : To announce the board of Evergreen Logistics Corp., an major subsidiary of EITC, resolved to issue new shares by capital increase from retained earnings.