Today's Information |
Provided by: Cheng Loong Corporation | |||||
SEQ_NO | 2 | Date of announcement | 2022/06/13 | Time of announcement | 15:10:41 |
Subject | Announce on behalf of the subsidiary, Chung Loong Paper Holdings Limited, that the Board of Directors resolved to decrease the capital | ||||
Date of events | 2022/06/13 | To which item it meets | paragraph 11 | ||
Statement | 1.Date of the board of directors resolution:2022/06/13 2.Reason for capital reduction:To utilize the Group's fund effectively 3.Amount of capital reduction:USD40,222,945 4.Cancelled shares:NA 5.Capital reduction percentage:60% 6.Share capital after capital reduction:USD26,815,297 7.Scheduled date of the shareholders meeting:2022/07/18 8.Estimated no.of listed common shares after issuance of new shares upon capital reduction:NA 9.Estimated ratio of listed common shares after issuance of new shares upon capital reduction to outstanding common shares:NA 10.Please explain any countermeasures for lower circulation in shareholding if the aforesaid estimated no.of listed common shares upon capital reduction does not reach 60 million and the percentage does not reach 25%:NA 11.The record date for capital reduction:2022/07/18 12.Any other matters that need to be specified: The Board of Directors resolved to pass the motion and set the date of allocation on July 25, 2022. |
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Cheng Loong Corp. published this content on 13 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2022 07:22:02 UTC.