Cleanaway BOD resolves to issue unsecured
convertible bonds the first time in Taiwan
Date of events
2022/07/15
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/07/15
2.Name [issue no.__ of (secured, unsecured) corporate bonds of
___________ (company)]:
Cleanaway issues unsecured convertible bonds the first time in Taiwan.
3.Whether to adopt shelf registration (Yes/No):No
4.Total amount issued:NT$2500M of total issued amount
5.Face value per bond:NT$100,000
6.Issue price:Public underwriting via bidding and auction, and tentatively
sets reserve price shall not be lower than the face value.
7.Issuance period:five years
8.Coupon rate:0%
9.Types, names, monetary values and stipulations of collaterals:No
10.Use of the funds raised by the offering and utilization plan:
Repay bank loans and for reinvestment.
11.Underwriting method:Public underwriting via bidding and auction
12.Trustees of the corporate bonds:Taishin International Bank Co., Ltd.
13.Underwriter or agent:Taishin Securities Co., Ltd.
14.Guarantor(s) for the issuance:NA
15.Agent for payment of the principal and interest:
Authorize the chairman full power to determine.
16.Certifying institution:NA
17.Where convertible into shares, the rules for conversion:
Related rules will comply with the related law and be announced separately
after registration and get approval from the competent authority.
18.Sell-back conditions:
Related rules will comply with the related law and be announced separately
after registration and get approval from the competent authority.
19.Buyback conditions:
Related rules will comply with the related law and be announced separately
after registration and get approval from the competent authority.
20.Reference date for any additional share exchange, stock swap, or
subscription:
Related rules will comply with the related law and be announced separately
after registration and get approval from the competent authority.
21.Possible dilution of equity in case of any additional share exchange,
stock swap, or subscription:
Related rules will comply with the related law and be announced separately
after registration and get approval from the competent authority.
22.Any other matters that need to be specified:
About the issuance of unsecured convertible bonds the first time in Taiwan
for funds raising plan, the issuance amount, issuance conditions,
conclusion of issuance and conversion method as well as the total amount
of funds required for the plan, the source of funds, the planned projects,
the progress of fund utilization, and the expected benefits. and other
related matters, in case of changes in laws and regulations, amendments by
the competent authorities or instructions or requirements of the securities
association, or when amendments or adjustments are required due to the
needs of the objective environment, the chairman of the board is authorized
to deal with full authority.
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Cleanaway Co. Ltd. published this content on 15 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 July 2022 09:03:04 UTC.
Cleanaway Company Limited is a Taiwan-based company which principally engaged in the clearing and processing of hazardous wastes. The Company primarily provides solidification process services of harmful heavy metal contaminated sewage sludge, solidification process services of harmful heavy metal dust in steel industry, solidification process services of harmful heavy metal urban garbage furnace flying ash, solidification and cleaning services of harmful asbestos waste, disposal site cleanup services, soil underwater sewage control services, and excavation services of waste disposal sites. The Company operates its business in Taiwan.
CLEANAWAY COMPANY LIMITED 
