Tainergy Tech : Announced that the Board of Directors of the Company has resolved to waive the cash capital increase of its subsidiary, TAISIC MATERIALS CORP
Announced that the Board of Directors of the
Company has resolved to waive the cash capital increase
of its subsidiary, TAISIC MATERIALS CORP
Date of events
2022/07/04
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/07/04
2.Company name:Tainergy Tech Co., Ltd.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):Head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:
Taisic Materials CORP., subsidiary of the Company, Resolution of
the Board of Directors on June 10, 2022 Cash capital increase
1.Number of shares issued: 7,000,000 shares
2.Par value per share: NT$10
3.Issue price: NT$100 per share
4.Total issue amount: NT$700,000,000
5.In accordance with Article 267 of the Company Law, 10% of the
total number of new shares to be issued, that is, 700,000 shares,
is reserved to be subscribed by eligible employees, and the
remaining 90%, that is, 6,300,000 shares, is subscribed by the
original shareholders in proportion to the shareholders' shareholdings
contained in the register of shareholders, and each ten thousand
shares is subscribed for for a paid subscription of 146.511627 shares.
In order to introduce strategic investors, the Board of Directors of
the Company resolved to abandon the subscription of the subsidiary's
cash capital increase. 3,491,079 shares abandoned, representing
49.87% of the number of shares subscribed
6.Countermeasures:Introduce strategic investors
7.Any other matters that need to be specified:
Subsidiary TAISIC MATERIALS CORP., the original paid-up share capital
of NTD430,000,000, the paid-in share capital after the capital
increase of NTD500,000,000, the Company's shareholding ratio decreased
from 55.41% to 47.66%, and the Company still has substantial control
over the activities and powers/rights of TAISIC MATERIALS CORP. after
assessment.
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Tainergy Tech Co. Ltd. published this content on 04 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 July 2022 07:22:05 UTC.
Tainergy Tech Co Ltd is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of solar cells and solar modules. The Company's products include six-inch multi-crystalline silicon solar cells and six-inch mono-crystalline silicon solar cells. Its products are primarily applied in watches, mini-size computers, battery chargers, solar electrical bicycles, power generations and others. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia and Europe.
Tainergy Tech : Announced that the Board of Directors of the Company has resolved to waive the cash capital increase of its subsidiary, TAISIC MATERIALS CORP
TAINERGY TECH CO., LTD. 