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News Releases |
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Subsidiary company Fuhwa Commercial Bank announce the board of directors has approved the NTD4 billion of capital reduction. |
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- Date of the board of directors' resolution: 2007/08/16
- Reason for the capital reduction: Strengthen the financial structure and offset previous loss
- Amount of the capital reduction: NTD 4,000,000,000
- Cancelled shares: 400,000,000 shares
- Capital reduction ratio: 22.22%
- Paid-in capital after the capital reduction: Capital after reduction is NTD 14,000,000,000
- Scheduled date of the shareholders' meeting: No applicable
- Any other matters that need to be specified: Under the Company law and the Financial Holding Company Act, the rights and functions of the shareholder's meeting shall be exercised by the board of directors
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