The Board of Directors resolved to cancel
treasury shares and Set the record date of capital
reduction
Date of events
2022/08/04
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/08/04
2.Reason for capital reduction:
According to Article 28-2 of Securities and Exchange Act.
Cancel the tenth treasury shares.
3.Amount of capital reduction:NTD $103,420,000
4.Cancelled shares: 10,342,000 shares
5.Capital reduction percentage:2.55%
6.Share capital after capital reduction: NTD $3,948,169,770
7.Scheduled date of the shareholders meeting: N/A
8.Estimated no.of listed common shares after issuance of new shares
upon capital reduction: N/A
9.Estimated ratio of listed common shares after issuance of new shares upon
capital reduction to outstanding common shares:N/A
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%:N/A
11.The record date for capital reduction: 2022/08/10
12.Any other matters that need to be specified: None
Attachments
Original Link
Original Document
Permalink
Disclaimer
GemTek Technology Co. Ltd. published this content on 04 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 12:47:04 UTC.
GEMTEK TECHNOLOGY Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of wireless communications products. The Companyâs primary products include wireless gateways and wireless local area network (WLAN) cards. The Companyâs products are mainly used in the manufacturing of office computers and computer wireless transmission equipment, as well as wireless and wired network transmission equipment. The Company is also involved in the trading of computer radios, wires, packaging materials, reader-writers and other raw materials. The Company mainly distributes its products to overseas markets.