TBB announces Board Resolution for issuance of
new shares through capitalization of earnings.
Date of events
2022/03/09
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/09
2.Source of capital increase funds: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):NT2,864,982,260 and
286,498,226 stocks.
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:Na
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:Na
7.Par value per share:NTD10
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:37 shares will be distributed to each 1,000 shares in
proportion to the shareholdings specified in the register of shareholders on
the base date.
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:Shareholders may carry out the combination of fractional shares
within 5 days from the base date at the Share Registrar. If the combination
is not carried out within the aforementioned period, or if there are still
fractional shares after the combination, cash will be distributed to the
fractional shares instead (rounded down to dollar). The Chairman of the
Board of Directors is authorized to contact a specific person to
subscribe the aggregate fractional shares according to their par value.
13.Rights and obligations of these newly issued shares:The same as the
original shares.
14.Utilization of the funds from the capital increase:In order to comply to
new common stock capital requirements of BaselⅢ, and to enhance capital
structures for the sake of profit earnings.
15.Any other matters that need to be specified:Na
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TBB – Taiwan Business Bank published this content on 09 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2022 10:20:08 UTC.
TAIWAN BUSINESS BANK is a Taiwan-based commercial bank. The Bankâs businesses include corporate finance business, which offers corporate loans, bill discounting, import and export loans, as well as foreign financing services, among others; personal finance business, which offers personal loans, credit card business, wealth management services, trust services and securities trading, among others; financial operation business, which offers foreign exchange trading, short term transaction instrument and bond investment, as well as stock and fund investment; deposit business, which involves in bankbook deposit, check deposit and others, as well as electronic finance business, which involves in network banking and telephone banking services, among others.
TAIWAN BUSINESS BANK, LTD. 
