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>News>Subsidiary Announcement>Announcement on behalf of major subsidiary APG Polytech USA Holdings, Inc. for cash capital increase proposed by the Board of Directors
Announcement on behalf of major subsidiary APG Polytech USA Holdings, Inc. for cash capital increase proposed by the Board of Directors
From:

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 1

Date of announcement

 2025/03/21

Time of announcement

 17:25:45

Subject

 Announcement on behalf of major subsidiary APG Polytech

USA Holdings, Inc. for cash capital increase proposed by

the Board of Directors

Date of events

  2025/03/21

To which item it meets

paragraph 11

Statement

 

1.Date of the board of directors resolution:2025/03/21

2.Source of capital increase funds:Existing shareholders

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):

 The issuance amount is USD 1,000,000, with a total of 9 shares issued.

5.If adopting shelf registration, monetary value and number of shares

to be issued this time:NA

6.The remaining monetary value and shares after this issuance when

adopting shelf registration:NA

7.Par value per share:USD 0.01

8.Issue price:USD 111,111.11

9.Number of shares subscribed for by or allocated to employees:NA

10.Number of shares publicly sold:NA

11.Ratio of shares subscribed by or allotted as stock dividends to existing

shareholders:100%

12.Handling method for fractional shares and shares unsubscripted for by

the deadline:NA

13.Rights and obligations of these newly issued shares:

  Same as existing shares

14.Utilization of the funds from the capital increase:

  Increase U.S.investment

15.Any other matters that need to be specified:None

 

 

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