Today's Information |
Provided by: Yang Ming Marine Transport Corp. | |||||
SEQ_NO | 1 | Date of announcement | 2021/11/11 | Time of announcement | 17:22:31 |
Subject | Announces the resolution of the Board of Directors to convert private shares into public offerings. | ||||
Date of events | 2021/11/11 | To which item it meets | paragraph 51 | ||
Statement | 1.Date of occurrence of the event:2021/11/11 2.Company name:Yangming Marine Transport Corp. 3.Relationship to the Company (please enter ��head office�� or ��subsidiaries��):Head office 4.Reciprocal shareholding ratios:N.A. 5.Cause of occurrence:Yangming Marine Transport Corp.had delivered the mandatory convertibles bonds in 2012 (converted into privately placed common shares in 2019 complying with the conditions of issuance) and the common shares for a cash in private placement in 2017,three full years have elapsed since the delivery date. In accordance with article 43-8 of the Securities and Exchange Act, and article 68 of Regulations Governing the Offering and Issuance of Securities by Securities Issuers, those privately placed shares are eligible to be converted into publicly placed shares. The Board of Directors approves to convert the privately placed shares into public placed shares and apply to the Stock Exchange for listing, and authorizes the Chairperson to approve otherrelevant decisions on execution of the resolutions. 6.Countermeasures:N.A. 7.Any other matters that need to be specified:N.A. |
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Yang Ming Marine Transport Corporation published this content on 11 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2021 09:36:08 UTC.