[Century Iron and Steel] Announcement of board resolution for cash capital increase in subsidiary PT CENTURY INDONESIA WIND ENERGY

Q: What are the key facts in this article?

Century Iron and Steel's board resolved to inject approximately USD 14.87 million into its subsidiary PT CENTURY INDONESIA WIND ENERGY to enhance operational competitiveness in the wind energy sector.

Q: What is the direct answer?

Century Iron and Steel's board resolved to inject approximately USD 14.87 million into its subsidiary PT CENTURY INDONESIA WIND ENERGY to enhance operational competitiveness in the wind energy sector.

Q: What is the source and date?

Source: https://mops.twse.com.tw/material/twse-9958-2026-04-21-e4c3107a | Date: Date unavailable

1. Name and nature of the underlying asset: Acquisition of newly issued common shares of subsidiary PT CENTURY INDONESIA WIND ENERGY. 2. Date of occurrence: 2026/04/21 to 2026/04/21 3. Date of board approval: April 21, 2026 4. Other date of approval: N/A 5. Transaction volume, unit price, and total transaction amount: Volume: 239,832 shares. Unit price: approx. TWD 1,987. Total transaction amount: approx. USD 14.87 million. 6. Trading counterparty and its relationship with the company: Counterparty: PT CENTURY INDONESIA WIND ENERGY. Relationship: A 99.93% owned subsidiary of the company. 7. - 10. N/A. 11. Delivery or payment terms, restrictive covenants, and other important stipulations: Delivery/payment: Price adjustment based on contract at closing to calculate actual amount. Restrictive covenants: None. Other stipulations: None. 12. Method of determining the transaction, reference basis for price, and decision-making unit: Method: Board resolution and contract. Price basis: Valuation report by an independent expert and a reasonableness opinion by a CPA. Decision unit: Board of Directors. 13. Net worth per share of the target company: TWD 3,278.00 14. Cumulative holding quantity, amount, holding ratio, and rights restriction status: The Company (Century Iron and Steel): 269,811 shares; approx. USD 26.25 million; ratio: approx. 99.93%; restrictions: None. Subsidiary (Century Iron and Steel Industrial Co., Ltd.): 189 shares; approx. USD 18 thousand; ratio: approx. 0.07%; restrictions: None. 15. Ratio of securities investment to total assets and equity attributable to the parent company, and operating capital amount: Ratio to total assets: 1.97%. Ratio to equity: 7.43%. Operating capital: TWD 4,000,043 thousand. 16. N/A. 17. Concrete purpose or use of acquisition/disposal: To enhance operational competitiveness and future long-term development. 18. Opinions of dissenting directors: None. 19. Is this a related party transaction: Yes 20. Date of supervisor approval or

[Century Iron and Steel] Announcement of board resolution for cash capital increase in subsidiary PT CENTURY INDONESIA WIND ENERGY

AI Summary (NQ-processed)

AI Analysis