How does this affect shareholders?

Shareholders are given the opportunity to purchase new shares of Shengxin Materials at the issue price of 35 TWD per share.

What is the schedule?

The record date is June 14, 115, and the payment period runs from June 15 to June 22.

AI News NQ Analysis

Tai-I Announces Shareholder Subscription for Subsidiary Shengxin Materials' Capital Increase

NQ Score 80/100

N1 Content Completeness 5

AI Summary (NQ-processed)

Tai-I Energy Technology (4934) has decided to forgo its right to subscribe to the capital increase of its subsidiary, Shengxin Materials Technology, and instead offer the subscription rights to all its shareholders. The new shares will be issued at 35 TWD per share, with a record date of June 14, 115.

AI Analysis

Frequently Asked Questions

Q: What is the recent announcement from Tai-I?: A: The company has decided to pass on the right to subscribe to the capital increase of its subsidiary, Shengxin Materials, directly to its shareholders.
Q: How does this affect shareholders?: A: Shareholders are given the opportunity to purchase new shares of Shengxin Materials at the issue price of 35 TWD per share.
Q: What is the schedule?: A: The record date is June 14, 115, and the payment period runs from June 15 to June 22.