Prodisc Technology Inc. announces board resolution for capital increase and new share issuance by its important subsidiary Jingcheng Materials Co., Ltd.
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Prodisc Technology Inc. announced that its important subsidiary, Jingcheng Materials Co., Ltd., will issue 10 million new shares at NT$10 per share, totaling NT$100 million, to raise capital for operations and equipment purchases. Existing shareholders will subscribe to 100% of the new shares.