Eastern Media International : Announcement of the Company's handling of change registration of paid-in capital upon completion of cash capital reduction
Provided by: EASTERN MEDIA INTERNATIONAL CORPORATION
SEQ_NO
1
Date of announcement
2022/07/14
Time of announcement
14:43:29
Subject
Announcement of the Company's handling of
change registration of paid-in capital upon completion
of cash capital reduction
Date of events
2022/07/14
To which item it meets
paragraph 36
Statement
1.Date of the competent authority's approval of capital reduction:2022/06/30
2.Date of completion of capitalization change registration:2022/07/14
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):
Paid-in capital amount (NTD) Number of outstanding shares (Shares)
Net value per share (NTD)
Before capital reduction 5,289,503,950 528,950,395
10.70
Following capital reduction 4,760,553,550 476,055,355
11.89
Note: Net value per share based on financial statements reviewed by an
accountant for the first quarter of 2022
4.Plan for expected share replacement operations:For details, please refer
to the Company's
announcement of material information of July 4, 2022
5.Estimated no.of listed common shares after capital reduction and new issue:
476,055,355
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):100%
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:Not applicable
8.Any other matters that need to be specified:
(1)The Company's capital reduction capital change registration was approved
and recorded by the Ministry of Economic Affairs on July 14,2022 in letter
Shushangzi No. 11101128870; the date of receipt by the Company was
July 14,2022.
(2)This share exchange plan has not yet been approved by the competent
authority. If there is any change in the content after the approval, the
Company will separately announce the change.
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Disclaimer
EMI - Eastern Media International Corporation published this content on 14 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 July 2022 06:53:06 UTC.
Eastern Media International Corp is a Taiwan-based company principally engaged in the business of cargo handling, loading and unloading of ships in commercial port areas, transfer of pallet facilities, retailing of pet food and supplies, pet grooming services, audio-visual advertising services and production of related programs. The Company's segments include the Warehousing, the Trading, the Media and the Leisure and Tourism. The Warehousing segment is engaged in the business of cargo handling and transfer of pallet facilities in commercial ports. The Trading segment is mainly engaged in the business of commodity trading. The Media segment is mainly engaged in the business of advertising. The Leisure and Tourism segment is mainly engaged in the business of resort hotel catering.
Eastern Media International : Announcement of the Company's handling of change registration of paid-in capital upon completion of cash capital reduction
EASTERN MEDIA INTERNATIONAL CORPORATION 
