Announcement of the accumulated losses reached
one-half of paid-in capital
Date of events
2022/03/24
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/03/24
2.Company name:Lion Travel Service Co., Ltd.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):Head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:The company has accumulated losses of NT$469,985,528
as of December 31, 2021.Has exceeded one-half of the paid-up capital.
6.Countermeasures:According to the article 211 of Company Act, same to
report at the 2022 AGM.
7.Any other matters that need to be specified:None
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Lion Travel Service 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 08:57:11 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. 
