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Ennostar Plans 45.8% Cash Capital Reduction, Refunding NT$4.58 Per Share to Shareholders

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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.