Announcement of the company's board of directors'
resolution of cash capital increase
by issuing new shares
Date of events
2022/08/11
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/08/11
2.Source of capital increase funds: Cash capital increase by the issuance of
new shares
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 value of issued shares:Maximum to NT$100,000,000;
total issued shares:Maximum to 10,000,000 shares.
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:None
6.The remaining monetary value and shares after this issuance when
adopting shelf registration: None
7.Par value per share:NT$10
8.Issue price:Once the registration is approved by the FSC, the chairman is
authorized to determine the issuance price after consulting with
underwriters about current market condition and taking into consideration
"Self-Regulatory Rules of the Taiwan Securities Association underwriter
Member To Assist Issuers in Raising and Issuing Securities."
9.Number of shares subscribed for by or allocated to employees:According to
Article 267 of the Company Act, 10~15% (1,000,000~1,500,000shares) of the
new shares shall be reserved for employees' subscription.
10.Number of shares publicly sold:According to Article 28-1 of the Company
Act, 10% (1,000,000 shares) of the new shares shall be reserved for the
publicly sold.
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:75~80% (7,500,000~8,000,000shares) of the new shares shall be
reserved for the existing shareholders according to the existing
shareholders' shareholding percentage.
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:Any fractional shares which are less than one full share, the
shareholders concerned may arrange for pooling together of their fractional
shares to form one full share within 5 days after the book closure date.
The Chairman is authorized to allocate fractional shares by existing
shareholders and employees to specific counterparties at the issue price.
13.Rights and obligations of these newly issued shares:Rights and obligations
are the same as the existing common shares.
14.Utilization of the funds from the capital increase:To strengthen working
capital and repay loans.
15.Any other matters that need to be specified:
(1) The chairman will have full authority to make amendments or adjustments
to contents of the capital increase plan, including issuance price, source
of fund, planned subjects, fund allocation and progress, expected benefit,
etc due to market condition or regulatory changes.
(2)After the capital increase proposal is approved by the authority, the
chairman will determine the subscription date and capital increase date
following regulation.
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Lion Travel Service Co. Ltd. published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 08:50:04 UTC.
Lion Travel Service Co., Ltd. is a Taiwan-based company principally engaged in tourism business. The Company mainly provides sightseeing tour and accommodation of self-organized tours, commissioned entry and exit border and visa procedures, domestic and international transport and passenger ticketing, checked baggage and other services. The Company operates its businesses mainly in domestic market.
LION TRAVEL SERVICE CO., LTD. 
