On behalf of YFY MFG (Yangzhou) Co., Ltd., YFY
announced the Board's resolution on the capital increase
Date of events
2022/03/30
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/30
2.Source of capital increase funds:
capital increase for cash from parent company YFY Packaging (Yangzhou)
Investment Co., Ltd.
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 80,000,000/80,000,000 shares
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:Not applicable
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:Not applicable
7.Par value per share:USD 1 per share
8.Issue price:Not applicable
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:
The rights and obligations of the new shares are the same as those of the
original shares
14.Utilization of the funds from the capital increase:
Strengthening the financial structure
15.Any other matters that need to be specified:
The record date of the transaction is 2022/03/30
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YFY Inc. published this content on 30 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2022 09:44:04 UTC.
YFY Inc is a Taiwan-based investment holding company mainly engaged in the paper business. The Company operates through four business segments. The Forest Pulp and Paper Business segment is engaged in the manufacture, sales and agency of pulp, paper and cardboards. Industrial Paper and Paperware Business segment is engaged in the manufacture, sales and agency of industrial cardboard and cartons. Consumer Goods Business segment is engaged in the manufacture, sales and agency of household paper and cleaning products. Other Business segment is engaged in the manufacture, sales and agency of electronic related products and the manufacture and sales of chemical products.
YFY INC. 
