Chang Hsin Engineering announces details of its 115th-year cash capital increase, setting the subscription benchmark date as July 5, 115, with a total issuance amount of NT$1.2 billion to repay corporate bonds and bank loans.
AI Analysis
Frequently Asked Questions
Q: What is the purpose of Chang Hsin's capital increase?
A: To repay existing corporate bonds and bank loans, strengthening financial health.
Q: How can existing shareholders subscribe?
A: Shareholders can subscribe 7.6775727 shares per 1,000 shares held on the benchmark date.
Q: What is the issuance price per share?
A: NT$50 per share, with a par value of NT$10.
Q: What are the detailed fund uses?
A: Proceeds will repay the 110th-year first series of secured corporate bonds and bank loans.
Q: When is the payment period?
A: For shareholders and employees: July 13–17, 115; for designated persons: July 20–21, 115.