Today's Information

Provided by: SINMAG EQUIPMENT CORPORATION
SEQ_NO 5 Date of announcement 2022/06/10 Time of announcement 16:22:49
Subject 
 Announcement on behalf of subsidiary, SINMAG
LIMITED, for the capital reduction approved by the
board of directors
Date of events 2022/06/10 To which item it meets paragraph 11
Statement 
1.Date of the board of directors resolution:2022/06/10
2.Reason for capital reduction:
Cooperates with Group operations plan
3.Amount of capital reduction:USD2,049,886
4.Cancelled shares:2,049,886 shares
5.Capital reduction ratio:57.75%
6.Share capital after capital reduction:USD1,500,000.75
7.Scheduled date of the shareholders' meeting:2022/06/10
8.Estimated no.of TPEx-listed common shares after issuance
of new shares upon capital reduction:NA
9.Estimated ratio of TPEx-listed common shares after issuance
 of new shares upon capital reduction to outstanding common
shares:NA
10.Please explain any countermeasures for lower circulation
in shareholding if the aforesaid estimated no.of TPEx-listed
 common shares upon capital reduction does not reach 5 million
 and the ratio does not reach 25%:NA
11.Record date of capital reduction:2022/06/13
12.Any other matters that need to be specified:None

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Sinmag Equipment Corporation published this content on 10 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2022 08:41:07 UTC.