Shin Lu Subsidiary Puding Environmental Protection to Increase Capital by NT$100 Million
NQ Score
50/100
AI Summary (NQ-processed)
Shin Lu Investment Holdings (3703) announced on May 15, 2026, that its subsidiary, Puding Environmental Protection Co., Ltd., has resolved to conduct a cash capital increase of NT$100 million. This will be achieved by issuing 10,000,000 new shares at a par value of NT$10 per share, with an issue price of NT$10 per share. The primary purpose of this capital increase is to strengthen the company's capital structure. Existing shareholders will have the preferential right to subscribe to the new shares in proportion to their current holdings. As the company has not yet hired employees, no shares are reserved for employee subscription. The record date for subscription is set for June 4, 2026, with the book closure period from May 31 to June 4, 2026. Payment for the subscribed shares is due on June 5, 2026.
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Frequently Asked Questions
- Q: What is the purpose of this capital increase?
- A: The purpose of this capital increase is to strengthen the capital structure.
- Q: How many shares are being issued?
- A: 10,000,000 shares are being issued.
- Q: What is the subscription price per share?
- A: The subscription price is NT$10 per share.
- Q: Who has the right to subscribe to the new shares?
- A: Existing shareholders have the first right to subscribe to the new shares in proportion to their original holdings. There are no reserved shares for employees as the company has not yet hired any.
- Q: When is the record date for subscription?
- A: The record date for subscription is June 4, 2026.