JEAN Board of Directors approved Issuance of New
Shares for Transferring Earnings to Capital Increase
Date of events
2022/03/30
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/30
2.Source of capital increase funds:Earnings
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 total issued amount is NT$122,317,780, with a total of 12,231,778 shares
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:NT$10
8.Issue price:NA
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:Every 1,000 shares are entitled to 50 bonus shares
as stock dividends
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:Fractional shares less than one share may be put together by
shareholders within five days from the ex-dividend base date of
distribution for capital increase at the shareholder service agency.
The fractional shares are yet made up for one share, will be distributed
in cash up to NTD 1.00 instead, pursuant to Article 240, the Company Act;
the Chairman is authorized to buy such fractional shares based on the face
value from certain parties.
13.Rights and obligations of these newly issued shares:
The same as the originally issued common stock.
14.Utilization of the funds from the capital increase:
To enrich the working capital.
15.Any other matters that need to be specified:
(1)It is intended to have the AGM to authorize the Board of Directors
determine the ex-dividend base date of distribution for capital
increase, and the date of distribution once the AGM and the
competent authorities approve this proposal of capital increase
by share distribution.
(2)Should The Company change in share capital that affect the number of
outstanding shares before the dividend base date, it is intended
to have the AGM to authorize the Board of Directors to make the
necessary changes.
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Jean Co. Ltd. published this content on 31 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2022 17:04:25 UTC.
Jean Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and distribution of car monitors. The Companyâs car monitor products mainly include 7-inch, 8-inch, 9-inch and 10.2-inch wide rear-seat headrest, ceiling, back-hanging car audio and video entertainment system, car information display system, car liquid crystal display (LCD) audio navigation host, car camera and driving recorder. The Company is also involved in the trading and leasing of real estate to generate rental income. The company's products are mainly sold to the United States of America (the USA), Europe and Japan. The Company is also engaged in the investment and development businesses through its subsidiaries.
JEAN CO.,LTD 
