YFY announce YFY RFID Co., Ltd. Board of Directors
resolved the capital increase
Date of events
2021/12/02
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2021/12/02
2.Source of capital increase funds:
Shares of Arizon RFID Technology Co., Ltd. and cash from minority
shareholders of Arizon RFID Technology Co., Ltd..
3.Number of shares issued (not including those distributed to employees if
consisting in capital increase from earnings or capital surplus) :
1,620,708 shares.
4.Par value per share:1 USD
5.Total monetary value of the issuance:1,620,708 USD
6.Issue price:1 USD
7.Number of shares subscribed for by or allocated to employees:N/A
8.Number of shares publicly sold:N/A
9.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:0%
10.Handling method for fractional shares and shares unsubscripted for by
the deadline:N/A
11.Rights and obligations of these newly issued shares:
The new shares are entitled to the same rights and obligations as the
original shares.
12.Utilization of the funds from the capital increase:
To develop the RFID business in the global market.
13.Any other matters that need to be specified:N/A
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YFY Inc. published this content on 02 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2021 05:50:08 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. 
