YeaShin International Development: Announcement of the resolution taken by the Board of Directors of the Company to issue new shares in conversion of the issue premium

Provided by: YeaShin International Development Co., Ltd.

SEQ_NO

3

announcement date

2022/03/02

Announcement time

16:48:10

Topic

 Announcement of the resolution reached by the
Company's board of directors to issue new shares in
conversion from additional paid-in capital

Date of events

2022/03/02

What item it responds to

paragraph 11

Declaration

1.Date of the board of directors resolution:2022/03/02
2.Source of capital increase funds:Additional paid-in capital
3.Whether to adopt shelf registration
  (Yes, please state issuance period/No):No
4.Total monetary value of the issuance and number of shares issued (shares
 issued not including those distributed to employees if consisting in
 capital increase from earnings or capital surplus): NT$451,063,780
45,106,378 shares
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:Not applicable.
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:Not applicable
7.Par value per share:NT$10
8.Issue price:Not applicable
9.Number of shares subscribed for by or allocated to employees:Not applicable
10.Number of shares publicly sold:Not applicable.
11.Ratio of shares subscribed by or allotted as stock
dividends to existing shareholders:130 shares of stock dividend for
per 1,000 shares
12.Handling method for fractional shares and shares
unsubscripted for by the deadline:The shareholders received fractional
shares for less than 1 share shall register with the Company's stock
affair agency for consolidation into an integer share within five days
prior to the ex-right date. The subscribed fractional shares that are not
integrated or are less than 1 share after integration should be paid with
cash for the face value according to Article 240 of the Company Act
(rounded up to dollar); also, the chairman is authorized to have it
subscribedby a specific person at the face value. The fractional amount of
the fractional share less than 1 share received by the shareholders who have
participated in the stock dividend book-entry practice will be applied to
pay for the book-entry handling charge.
13.Rights and obligations of these newly issued shares:Same as the originally
issued shares.
14.Utilization of the funds from the capital increase:Supplement working
capital.
15.Any other matters that need to be specified:For any change in the
Company's capital stock prior to the capital increase base date with new
shares issued that affects the outstanding shares and the stock dividend
ratio, the chairman is authorized to have it adjusted proportionally to the
outstanding shares on the ex-rights date.