[Zhen Da Global] Announcement of the Board of Directors' Resolution to Approve Cash Capital Increase for Wholly-Owned Subsidiary GIANT LANCE INTERNATION LTD.
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Zhen Da Global's board of directors has resolved to proceed with a cash capital increase for its wholly-owned subsidiary, GIANT LANCE INTERNATION LTD., with a cap of USD 17 million (approximately NTD 535.5 million). This funding will be utilized to support overseas group company operations and for potential future mergers and acquisitions or reinvestments.