First Financial: FFHC Board of Directors decides to increase share capital by recapitalization of profits

close
Provided by: First Financial Holding Co. Ltd. |
|||||
SEQ_NO |
2 |
announcement date |
2022/04/21 |
Announcement time |
16:32:24 |
Matter |
The Board of FFHC resolves to increase capital stock by earnings recapitalization |
||||
Date of events |
2022/04/21 |
What item it responds to |
paragraph 11 |
||
Statement |
1.Date of the board of directors resolution:2022/04/21 2.Source of capital increase funds:profit for fiscal 2021. 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): NTD $2,592,831,810 AND 259,283,181 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:NTD $10 8.Issue price:Not applicable 9.Number of shares subscribed for by or allocated to employees:None 10.Number of shares publicly sold:Not applicable 11.Ratio of shares subscribed by or allotted as stock dividends to existing shareholders:20 share distributed gratis per 1,000 share 12.Handling method for fractional shares and shares unsubscripted for by the deadline: If the stock dividends include any fractional shares which are less than one full share, the shareholders of two or more may arrange for pooling together of their fractional shares to form one full share and register the same under the name of one of the shareholders within 5 days after the ex-rights date. For the fractional shares which cannot be pooled within the specified period, such remainder will be subscribed by designated individuals arranged by the Chairman as authorized by the Shareholders' Meeting. 13.Rights and obligations of these newly issued shares:The same as the issued and existing shares. 14.Utilization of the funds from the capital increase: For retaining working capital and strengthening financial position. 15.Any other matters that need to be specified: (1)The ex-rights date will be determined fully by the Board as authorized by the Shareholders' Meeting after the capital stock increase is approved by the authorities. (2)If the plan of increasing capital stock is changed by the authorities, it is determined fully to chang by the Board as authorized by the Shareholders' Meeting. (3)The distributing ratio of stock dividends will be adjusted as a result of changes of outstanding common sotck due to treasury stock transactions, share conversion, and the situations to increase or decrease common sotck. The final ratio will be determined fully by the Board as authorized by the Shareholders' Meeting. |
Warning
First Financial Holding Co. Ltd. published this content on April 21, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on April 21, 2022 08:44:02 UTC.
Public now 2022
|
|
|
|
|
||||
|
||||
Trends in Technical Analysis FIRST FINANCIAL HOLDING CO., LTD.
Short term | Middle term | Long term | |
Tendencies | Bullish | Bullish | Bullish |
Evolution of the income statement
To sell ![]() To buy |
|
Medium consensus | HOLD |
Number of analysts | 7 |
Last closing price | TWD27.70 |
Average target price | TWD26.24 |
Average Spread / Target | -5.26% |