Sunfun Info Co. Ltd.

11/11/2024 | Press release | Distributed by Public on 11/11/2024 01:16

Announcement on the Change of Par Value for the Company's Shares

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Provided by: Sunfun Info Co., Ltd.
SEQ_NO 1 Date of announcement 2024/11/11 Time of announcement 15:11:27
Subject
 Announcement on the Change of Par Value for the
Company's Shares
Date of events 2024/11/11 To which item it meets paragraph 53
Statement
1.Date of occurrence of the event:2024/11/11
2.Company name:Sunfun Info Co., Ltd.
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:
The Board of Directors has resolved to change the par value of the company's
shares(from NT$10 to NT$1)and set the record date for re-issuing the shares.
6.Countermeasures:N/A
7.Any other matters that need to be specified(the information
 disclosure also meets the requirements of Article 7, subparagraph 9
 of the Securities and Exchange Act Enforcement Rules, which brings
 forth a significant impact on shareholders rights or the price of
 the securities on public companies.):
一、Schedule for re-issuing shares is as follows:
(1) Last trading day for old shares: November 27, 2024
(2) Suspension of trading period for old shares:
    November 28, 2024 to December 6, 2024
(3) Last transfer date for old shares: December 1, 2024
(4) Suspension of transfer period for old shares:
    December 2, 2024 to December 6, 2024
(5) Record date for re-issuing shares: December 6, 2024
(6) Date for re-issuance of securities: December 9, 2024
(7) Date when new shares begin trading on the OTC market and old shares
    cease trading: December 9, 2024
(8) From the date of the new shares' OTC trading, the previously traded old
    shares will no longer be valid for trading and settlement. The re-issued
    shares (in electronic form) will carry the same rights and obligations
    as the old shares.
二、The company is proceeding with a change in the par value of its shares,
    from NT$10 per share to NT$1 per share. This has been approved by the
    Taipei City Government under Letter No. 11354168700, dated October 17,
    2024, and by the Taipei Exchange under Letter No. 1130009730, dated
    October 28, 2024.
三、In line with the above par value change, the reference price for the new
    shares on the OTC trading start date will be adjusted proportionally to
    one-tenth of the closing price of the old shares on their last trading
    day Investors are advised to take note.
四、Following the change in par value, financial data, such as earnings per
    share (EPS) or net asset value per share, will be adjusted accordingly.
    Investors are encouraged to refer to the financial reports and financial
    ratio analyses published on the Market Observation Post System as
    indicators for investment analysis.