REG-Shin Kong Financial Holding Co. Ltd.: Notice of capital increase out of retained earnings <Origin Href="QuoteRef">2888.TW</Origin>

Shin Kong Financial Holding CoAnnouncement

24/03/2015 13:01

Company code: 2888
No: 2
Subject: SKFH announces Board resolution on capital increase out of retained earnings and
         issuance of new shares
To which item it meets--article 4 paragraph xx: 11
Date of events: 2015/03/24
Contents:
1. Date of the board of directors resolution: 2015/03/24
2. Source of capital increase funds: From the 2014 distributable earnings
3. Number of shares issued: 393,390,157 shares
4. Par value per share: NT$10
5. Total monetary amount of the issue: NT$3,933,901,570
6. Issue price: N/A
7. Number of shares subscribed by or allotted to employees: None
8. Number of shares publicly sold: N/A
9. Ratio of shares subscribed by or allotted as stock dividends to existing shareholders:
   40.000000 shares per one thousand shares are temporarily allotted to existing shareholders.
10. Method of handling fractional shares and shares unsubscribed by the deadline: If a portion of
    stock dividend does not amount to one full share, shareholders may arrange pooling together their
    fractional shares to form one full share within 5 five days starting from the book closure date. 
    If the fractional shares are not pooled by the deadline, cash should be paid based on the fraction
    of face value they represent (with calculations rounded down to the nearest NT$1), and the Chairman
    shall contact specific person(s) to subscribe the remaining fractional shares at face value.
11. Rights and obligations of the newly issued shares: The rights and obligations of newly issued shares
    are identical to those of existing shares.
12. Utilization of the funds from the capital increase: To enhance capital level and strengthen financial
    structure.
13. Any other matters that need to be specified: 
(1) If there is any subsequent capital raising, buyback of the Company's shares, transfer, conversion,
    cancellation of shares or other circumstances that may change the total number of outstanding shares
    of the Company on the ex-rights record date and the stock dividend payout ratio, the Board authorized
    by Annual General Shareholders' Meeting or the authorized person(s) shall make adjustments and handle
    relevant amendment matters based on the actual number of outstanding shares of the Company on the
    record date.
(2) After the proposal is passed by the Annual General Shareholders' Meeting and approved by competent
    authorities, the Board authorized by Annual General Shareholders' Meeting or the authorized person(s)
    will separately set the ex-rights record date.



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