Taiwan Glass Ind : Act for Subsidiary Taiwan Glass China Holding Ltd. (TGCH) to Announce Completion of Registration of Capital Reduction and Change of Share Capital
Act for Subsidiary Taiwan Glass China Holding Ltd.
(TGCH) to Announce Completion of Registration of Capital
Reduction and Change of Share Capital
Date of events
2022/06/23
To which item it meets
paragraph 36
Statement
1.Date of the competent authority's approval of capital reduction:NA
2.Date of completion of capitalization change registration:2022/06/23
3.Effect on the financial statements (including any discrepancy between the
amount of paid-in capital and the no.of shares outstanding, and the effect
on net worth per share):
(1) Before Capital Reduction:
Paid-in Capital: US$1,300,000,000.-
Number of Shares Outstanding: 1,300,000,000 shares
(2) After Capital Reduction:
Paid-in Capital: US$1,120,000,000.-
Number of Shares Outstanding: 1,120,000,000 shares
(3)Effect on Net Worth Per Share: No significant impact.
4.Plan for expected share replacement operations:N/A
5.Estimated no.of listed common shares after capital reduction and new issue:
N/A
6.Estimated no.of listed common shares as a percentage of issued common
shares after capital reduction and new issue (No.of common shares after
capital reduction/No.of issued common shares):N/A
7.Countermeasures for poor circulation of equity if the aforesaid estimated
no.of listed common shares does not reach 60 million shares and the
percentage does not reach 25% after capital reduction:N/A
8.Any other matters that need to be specified:None
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Taiwan Glass Ind. Corp. published this content on 23 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2022 09:04:01 UTC.
Taiwan Glass Ind Corp is a Taiwan-based company principally engaged in the manufacture, processing and sale of glass products. The Companyâs products mainly include flat glass, fiberglass, container glass, tableware and kitchenware glass and new material meager glass, among others. Its products are applied in buildings, furniture, decorations, electronic materials, packaging materials for foods and medicines, kitchenware, glass protector and sports equipment, among others. The Company operates through three segments, including flat glass segment, glass container segment and fiberglass segment. The Company operates businesses in domestic market and overseas markets.
Taiwan Glass Ind : Act for Subsidiary Taiwan Glass China Holding Ltd. (TGCH) to Announce Completion of Registration of Capital Reduction and Change of Share Capital
TAIWAN GLASS IND. CORP. 
