Today's Information

Provided by: Prince Housing & Development Corp.
SEQ_NO 4 Date of announcement 2021/11/04 Time of announcement 14:17:54
Subject 
 Announcement on behalf of subsidiary Times Square
Int'l Hotel Co. that the BOD has resolved to conduct
issurance of new shares through cash capital increase.
Date of events 2021/11/04 To which item it meets paragraph 11
Statement 
1.Date of the board of directors resolution or
 decision by the Company: 2021/11/04
2.Number of shares issued: 50,000,000 shares.
3.Par Value per share: NTD$10.
4.Total monetary value of the issuance: NTD$500,000,000.
5.Issue price: NTD$10.
6.Number of shares subscribed for by employees:
10% of the newly issued shares is reserved for subscription by employees,
according to the Company Act, which amounts to 5,000,000 shares .
7.Ratio of shares subscribed for by existing shareholders:
90% of the newly issued shares is subscribed for by existing shareholders,
which amounts to 45,000,000 shares.
8.Method for public sale and no.of shares: NA.
9.Handling method for fractional shares and shares unsubscripted for by the
deadline:
The Chairman shall be authorized to designate specific persons for the
purchase.
10.Rights and obligations of these newly issued shares:
Same rights and obligations as those of the original common shares.
11.Utilization of the funds from the current capital increase:
To increase working capital.
12.Record date of cash capital increase and share subscription:
2021/11/05.
13.Last date before book closure: NA.
14.Book closure starting date: NA.
15.Book closure ending date: NA.
16.Payment period:
(1) Payment period for original shareholders and employees:
2021/11/09-2021/11/11.
(2) Payment period for specific persons:
2021/11/12-2021/11/18.
17.Date of the agreement with the banks to collect and deposit the proceeds:
NA.
18.Name of the institution designated to collect the proceeds: NA.
19.Name of the bank designated to deposit the proceeds: NA.
20.Any other matters that need to be specified: None.

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Prince Housing & Development Corp. published this content on 04 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2021 06:31:03 UTC.