Announcement on behalf of subsidiary, Sinmag
Equipment (China) Co., Ltd., issue new shares through
capital increase from earnings
Date of events
2022/03/15
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/15
2.Source of capital increase funds:
capital increase from earnings
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):
CNY 112,000,879.08
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:No
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:No
7.Par value per share:NA
8.Issue price:NA
9.Number of shares subscribed for by or allocated to employees:NA
10.Number of shares publicly sold:NA
11.Ratio of shares subscribed by or allotted as stock
dividends to existing shareholders:NA
12.Handling method for fractional shares and shares
unsubscripted for by the deadline:NA
13.Rights and obligations of these newly issued shares:NA
14.Utilization of the funds from the capital increase:
To increase working capital
15.Any other matters that need to be specified:None
Attachments
Original Link
Original Document
Permalink
Disclaimer
Sinmag Equipment Corporation published this content on 15 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2022 13:41:02 UTC.
SINMAG EQUIPMENT CORPORATION is a Taiwan-based company principally engaged in the manufacturing and trading of bakery and kitchen equipment. The Company's products mainly include mixers, split-round shaping machines, flour pressing machines, fermentation machines, ovens, slicers, frying machines, refrigerators, display cabinets and other kitchen equipment. The Company's bakery machines are applied in the production of bread, cakes, moon cakes and pizzas. The Company is also engaged in the provision of labor services. The Company distributes its products within domestic market and to overseas markets, including Americas, Asia, Europe and Africa.
SINMAG EQUIPMENT CORPORATION 
