Ennostar Plans 45.8% Cash Capital Reduction, Refunding NT$4.58 Per Share to Shareholders
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AI Summary (NQ-processed)
Ennostar Inc. announced a 45.8% cash capital reduction as part of its strategy to improve its financial structure and monetize assets. The company will refund NT$4.58 per share, reducing its capital to NT$4 billion.
AI Analysis
Frequently Asked Questions
- Q: What is the percentage of Ennostar's planned cash capital reduction?
- A: Ennostar plans to reduce its cash capital by approximately 45.8 percent.
- Q: How much money will Ennostar refund to its shareholders per share?
- A: The company will refund NT$4.58 per share to its shareholders.
- Q: What will be the new share capital of Ennostar after the reduction?
- A: The share capital will be lowered from roughly NT$7.38 billion to NT$4.0 billion.
- Q: How many shares will be canceled as a result of this capital reduction?
- A: Ennostar expects to cancel approximately 337,940,460 shares.
- Q: Who will be authorized to determine the record date for the capital reduction?
- A: The chairman will be authorized to determine the record date after approval.