Today's Information

Provided by: Yang Ming Marine Transport Corp.
SEQ_NO 1 Date of announcement 2022/08/11 Time of announcement 16:10:02
Subject 
 Announcement on behalf of Yang Ming (Singapore)
Pte. Ltd., an important subsidiary of YMTC, for capital
increase from earnings.
Date of events 2022/08/11 To which item it meets paragraph 11
Statement 
1.Date of the board of directors resolution:2022/08/11
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):
USD 0.55 billion (approximately SGD 0.758 billion) and approximately 0.758
billion shares. The actual number of shares is converted according to the
exchange rate when company do capital increase from earnings.
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:SGD 1
8.Issue price:SGD 1 per share
9.Number of shares subscribed for by or allocated to employees:None
10.Number of shares publicly sold:None
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:100%
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:None
13.Rights and obligations of these newly issued shares:
Same as the original issued ordinary shares.
14.Utilization of the funds from the capital increase:
Reduce the company's foreign exchange hedging costs
15.Any other matters that need to be specified:
This case still needs to be submitted to the Investment Review Committee of
the Ministry of Economic Affairs, and the follow-up matters can be
implemented after its approval.

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Yang Ming Marine Transport Corporation published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 08:30:04 UTC.