[Primax] Announcement regarding subsidiary Dongguan Dongju Electronic & Telecommunication Products Co., Ltd. Resolution on Capital Reduction
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AI Summary (NQ-processed)
Primax Electronics' subsidiary, Dongguan Dongju Electronic & Telecommunication Products Co., Ltd., has resolved to reduce its capital by USD 30 million, a 48.387% decrease, resulting in a new share capital of USD 32 million. The move aims to optimize its overseas investment structure.
AI Analysis
Frequently Asked Questions
- Q: What is the name of the subsidiary undergoing capital reduction?
- A: The subsidiary is Dongguan Dongju Electronic & Telecommunication Products Co., Ltd.
- Q: What is the reason given for the capital reduction of the subsidiary?
- A: The reason for the capital reduction is to optimize the overseas investment structure.
- Q: What is the total amount of the capital reduction in USD?
- A: The total amount of the capital reduction is USD 30,000,000.
- Q: What is the capital reduction ratio for this transaction?
- A: The capital reduction ratio for this transaction is 48.387%.
- Q: What is the share capital of the subsidiary after the reduction?
- A: The share capital of the subsidiary after the reduction is USD 32,000,000.