Xinlu Subsidiary Chengxi Energy Resolves Cash Capital Increase
NQ Score
50/100
AI Summary (NQ-processed)
Xinlu (3703) announced that its subsidiary, Chengxi Energy Co., Ltd., has resolved to conduct a cash capital increase. The company plans to issue 30,000,000 shares at NT$10 per share, totaling NT$300,000,000. The purpose of this capital increase is to strengthen the capital structure. The record date for subscription is June 4, 2026, with the payment period starting June 5, 2026.
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Frequently Asked Questions
- Q: What is the purpose of the cash capital increase?
- A: The purpose is to strengthen the capital structure.
- Q: How many shares will be issued?
- A: 30,000,000 shares will be issued.
- Q: What is the issue price per share?
- A: The issue price is NT$10 per share.
- Q: When is the record date for subscription?
- A: The record date for subscription is June 4, 2026.