[Jiulong] Supplemental Announcement on Board Resolution to Approve Cash Capital Increase and New Share Issuance
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AI Summary (NQ-processed)
Jiulong Technology approved a 150 million TWD cash capital increase for working capital and debt repayment.
AI Analysis
Frequently Asked Questions
- Q: What is the scale of Jiulong Technology's capital increase?
- A: The plan is to raise 150 million TWD through the issuance of 15 million new shares.
- Q: What is the main use of funds?
- A: The funds will primarily be used for working capital and repayment of bank loans.
- Q: Is the issuance price determined?
- A: The provisional price is set at 25 TWD per share.