Date of announcement 2015/10/26
Time of announcement 18:42:13
Date of events 2015/10/26
Date of events 2015/10/26
To which item it meets paragraph 11
Statement
Statement
1.Date of the board of directors resolution:2015/10/26
2.Reason for the capital reduction:In order to comply with
financial plans of CDIB and enhance the efficiency of
capital use of CDIB.
3.Amount of the capital reduction:USD 25,000,000
4.Cancelled shares:0 shares
5.Capital reduction ratio:44.10%
6.Share capital after the capital reduction:USD31,684,200
7.Scheduled date of the shareholders' meeting:2015/10/26
8.Estimate listed shares, the ratio of listed shares to outstanding
shares, after the capital reduction:Not applicable.
9.Countermeasures of the aforesaid estimate change in shareholding
after the capital reduction:Not applicable.
10.Any other matters that need to be specified:
Capital Reduction through share purchase from CDIB
and cancelation of those purchased shares.
2.Reason for the capital reduction:In order to comply with
financial plans of CDIB and enhance the efficiency of
capital use of CDIB.
3.Amount of the capital reduction:USD 25,000,000
4.Cancelled shares:0 shares
5.Capital reduction ratio:44.10%
6.Share capital after the capital reduction:USD31,684,200
7.Scheduled date of the shareholders' meeting:2015/10/26
8.Estimate listed shares, the ratio of listed shares to outstanding
shares, after the capital reduction:Not applicable.
9.Countermeasures of the aforesaid estimate change in shareholding
after the capital reduction:Not applicable.
10.Any other matters that need to be specified:
Capital Reduction through share purchase from CDIB
and cancelation of those purchased shares.