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News Releases |
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| Subsidiary company Yuanta Commercial Bank announces the board of directors has approved the NTD 3,254,911,200 of capital reduction. |
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- Date of the board of directors' resolution: 2009/02/26
- Reason for the capital reduction: Offset previous loss and increase the book value per share
- Amount of the capital reduction: NTD 3,254,911,200
- Cancelled shares: 325,491,120 shares
- Capital reduction ratio: 14.795050%
- Paid-in capital after the capital reduction: Capital after reduction is NTD 18,745,088,800
- Scheduled date of the shareholders' meeting: NA
- Any other matters that need to be specified: Pursuant to the Company Act 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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