On behalf of an important subsidiary,
Eternal Holdings Inc. to announce the board
resolutions to conduct cash capital reduction
Date of events
2022/06/22
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/06/22
2.Reason for capital reduction:
Cash return to Eternal Materials Co., Ltd.
3.Amount of capital reduction:USD 4,165 thousand
4.Cancelled shares:4,165 thousand shares
5.Capital reduction percentage:2.09%
6.Share capital after capital reduction:USD 194,758,582.76
7.Scheduled date of the shareholders meeting:NA
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:2022/06/22
12.Any other matters that need to be specified:None.
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Eternal Materials Co. Ltd. published this content on 22 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 June 2022 08:44:04 UTC.
Eternal Materials Co Ltd is a Taiwan-based company principally engaged in the manufacture and sales of synthetic resins. The Company is also engaged in the manufacture of electronic chemical materials and special chemicals. The Company's products portfolio consists of general purpose resins, polyester resins, coating resins, special chemicals, circuit substrates, dry film photo resists, liquid crystal display (LCD) optical films, solar battery conductive adhesives, as well as silica gel materials for light emitting diode (LED) packaging and others. The Company's products are mainly applied in energy and public utilities, transportation industries, construction and furniture industries, electronics and motors, disposable consumer products, packaging and printing, healthcare and metal machinery. The Company distributes its products mainly in Taiwan, Mainland China and other markets.
ETERNAL MATERIALS CO., LTD. 
