Board of Directors approved the issuance of new
common shares through local public offering and/or GDR
within 50 million shares
Date of events
2022/03/15
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/15
2.Source of capital increase funds:Issuance of new common shares through
local public offering and/or GDR.
3.Whether to adopt shelf registration
(Yes, please state issuance period/No):No
4.Total monetary value of the issuance and number of shares issued (shares
issued not including those distributed to employees if consisting in
capital increase from earnings or capital surplus):
Total monetary: The Board of Directors is to be authorized by the
shareholder meeting to evaluate the market situation and decide.
Number of shares issued: Not to exceed 50 million shares.
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:NA
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:NA
7.Par value per share:NT$10
8.Issue price:
The Board of Directors is to be authorized by the shareholder meeting to
evaluate the market situation and decide.
9.Number of shares subscribed for by or allocated to employees:
Reserve 10% to 15% for employees to subscribe first
10.Number of shares publicly sold:In accordance with the decision of
the Board to be authorized by the shareholders meeting.
11.Ratio of shares subscribed by or allotted as stock
dividends to existing shareholders:In accordance with the decision of
the Board to be authorized by the shareholders meeting.
12.Handling method for fractional shares and shares
unsubscripted for by the deadline:In accordance with the decision of
the chairperson to be authorized by the shareholders meeting.
13.Rights and obligations of these newly issued shares:
Same as the outstanding common shares.
14.Utilization of the funds from the capital increase:
To fund various initiatives, including 1) M&A, 2) development of alliance
with major companies, 3) enrichment of working capital, 4) purchase of
materials in original currency, 5) pay off the loan, 6) purchase of equipment
and machinery, 7) reinvestment, and/or other capital needs in line with the
Company's future development to strengthen the Company's competitiveness.
15.Any other matters that need to be specified:The proposal will be
submitted by the Board of Directors to the 2022 shareholders meeting
for resolution.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Globalwafers Co. Ltd. published this content on 15 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2022 07:19:07 UTC.
GlobalWafers.Co.,Ltd is a Taiwan company principally engaged in the design, research, development, manufacture and sales of semiconductor rods and wafers. The Company's main products include semiconductor ingot products, semiconductor chip products and other products. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia and the Americas.
GLOBALWAFERS CO., LTD. 
