On behalf of YFY MFG (Yangzhou) Co.,Ltd., YFY
announced the Board's resolution on the record date of
capital increase for cash
Date of events
2022/03/30
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution or
decision by the Company:2022/03/30
2.Number of shares issued:80,000,000 shares
3.Par Value per share:USD 1 per share
4.Total monetary value of the issuance:USD 80,000,000
5.Issue price:Not applicable
6.Number of shares subscribed for by employees:None
7.Ratio of shares subscribed for by existing shareholders:100%
8.Method for public sale and no.of shares:None
9.Handling method for fractional shares and shares unsubscripted for by the
deadline:None
10.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
11.Utilization of the funds from the current capital increase:
Strengthening the financial structure
12.Record date of cash capital increase and share subscription:2022/03/30
13.Last date before book closure:NA
14.Book closure starting date:NA
15.Book closure ending date:NA
16.Payment period:2022/03/30~2022/12/31
17.Date of the agreement with the banks to collect and deposit the proceeds:
Not applicable
18.Name of the institution designated to collect the proceeds:None
19.Name of the bank designated to deposit the proceeds:None
20.Any other matters that need to be specified:None
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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.