Announcement that the Company's Board
of Directors resolved to issue new shares through capital
increase from earnings of 2021
Date of events
2022/04/25
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/04/25
2.Source of capital increase funds:Distributable earnings 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$ 10,534,166,980
Number of shares issued : 1,053,416,698 shares
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:N/A
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:N/A
7.Par value per share:NT$ 10 per share
8.Issue price:N/A
9.Number of shares subscribed for by or allocated to employees:N/A
10.Number of shares publicly sold:N/A
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:500 shares gratuitously allotted for every thousand shares.
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:
If the new shares distributed to shareholders from this capital increase are
less than one full share, shareholders may consolidate them by handling
respective procedures at the Company's stock affairs in 5 days after book
closure starting date.For those shares which cannot be consolidated within
the specified period or still remain insufficient,cash will be distributed
instead (rounded to the dollar), and the Chairman shall be authorized to
designate specific persons for purchase of these by cash at par value.
13.Rights and obligations of these newly issued shares:Rights and obligations
of these newly issued shares are the same as those of the original shares.
14.Utilization of the funds from the capital increase:
To increase working capital and strengthen financial structure.
15.Any other matters that need to be specified:
(1)If the number of shares outstanding is affected because of stock buyback
or other situations and shareholding ratio is thus affected, the Board of
Directors will be fully authorized for determining such matter by approval of
the Company 's shareholders meeting.
(2)After the approval by the shareholders meeting and the regulatory
authorities,the Board of Directors will be fully authorized for determining
record date for capital increase.
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Ruentex Development Co. Ltd. published this content on 25 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2022 11:28:08 UTC.
Ruentex Development Co Ltd is a Taiwan-based company mainly engaged in the construction business. The Company operates through five business segments. The Construction segment is engaged in the land development business, as well as the investment and construction of residential buildings, villas, office buildings and commercial buildings. The Commercial Real Estate segment is engaged in the leasing of commercial real estate. The Construction Materials segment is engaged in the trading of construction materials such as cement and others. The Volume Sales segment is engaged in the operation of department stores, the logistics business, as well as the retail of various groceries, clothing, electrical appliances, fresh products and others. The Company is also engaged in the operation of Other segment. The Company mainly operates in the Taiwan market.
RUENTEX DEVELOPMENT CO.,LTD. 
