HOTAI MOTOR announces on behalf of Hozan Investment
Co., Ltd for resolution on capital increase out of
earnings.
Date of events
2022/03/24
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/24
2.Source of capital increase funds:Earnings in the second half of 2021
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 value of the issuance:NT$1,326,656,034
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:NA
8.Issue price:NA
9.Number of shares subscribed for by or allocated to employees:NA
10.Number of shares publicly sold:NA
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:NA
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:NA
13.Rights and obligations of these newly issued shares:NA
14.Utilization of the funds from the capital increase:
To fulfill the needs of enriching the working capital.
15.Any other matters that need to be specified:NA
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Disclaimer
Hotai Motor Co. Ltd. published this content on 24 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 March 2022 10:41:06 UTC.
Hotai Motor Co Ltd is a Taiwan-based company principally engaged in the distribution of motor vehicles and relevant parts. The Company primarily provides passenger cars and business vehicles, with brands named LEXUS, TOYOTA and others, as well as large-sized vehicles, including trucks and passenger cars, with brands named HINO. In addition, it is involved in the provision of air conditioners for vehicles, vehicle leasing services and installment payment services, as well as parts and components for vehicles. The Company is also engaged in insurance business. The Company operates its businesses primarily in domestic market.
HOTAI MOTOR CO.,LTD. 
