Supplementary announcement:Board of Directors has
resolved that direct or indirect investment plan reaches
more than 20% of the company's capital.
Date of events
2022/06/21
To which item it meets
paragraph 15
Statement
1.Date of the resolution of the board of directors or
shareholders meeting:2022/06/21
2.Content of the investment plan:
Board of Directors has resolved that to increase amount USD 25,500,000 of
investment to Norman Mexico Company Limited which is a 100% owned subsidiary.
The accumulative investment amount is USD 80,000,000.
3.Projected monetary amount of the investment:
The accumulative investment amount is USD 80,000,000.
4.Projected date of the investment:Undecided.
5.Source of capital funds:Equity capital.
6.Specific purpose:In order to expand the operation of Nien Made Group's
manufacturing base.
7.Any other matters that need to be specified:Board of Directors has resolved
accumulative investment amount USD 54,500,000 on 15th September 2021 and
reinvestment amount USD 25,500,000 on 21th June 2022 to
Norman Mexico Company Limited. The accumulative investment amount is
USD 80,000,000.
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Nien Made Enterprise Co. Ltd. published this content on 21 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2022 09:33:02 UTC.
Nien Made Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the production and sales of curtains and curtain parts. The Company's main products include shutters, soft shades and blinds. The Company distributes its products in domestic market and to overseas markets, such as the Americas and Europe.
NIEN MADE ENTERPRISE CO., LTD. 
