Taiwan Environment Scientific Co. Ltd.

11/10/2024 | Press release | Distributed by Public on 11/09/2024 17:11

TESC Inc.will change in par value from 'NTD 10' to 'NTD 5' Announcement Period:2024/10/14 - 2024/1/13

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Today's Information

Provided by: TAIWAN ENVIRONMENT SCIENTIFIC CO., LTD.
SEQ_NO 1 Date of announcement 2024/11/10 Time of announcement 07:00:02
Subject
 TESC Inc.will change in par value from "NTD 10" to "NTD 5"
Announcement Period:2024/10/14 - 2024/1/13
Date of events 2024/06/12 To which item it meets paragraph 51
Statement
1.Date of occurrence of the event : 2024/06/12
2.Company name : TESC
3.Relationship to the Company(please enter"head office"or "subsidiaries") : head office
4.Reciprocal shareholding ratios : NA
5.Cause of occurrence : 
(1)Date of registration approved / Date of occurrence of the event : 2024/06/12
(2)Date of resolution of shareholders meeting : 2024/10/14
(3)Par value(Before) : NTD10.00
(4)Par value(After Changed) : NTD5.00
(5)The new shares will be listed on 2024/11/11
(6)Please find more details of the Record date of replacement of shares schedule from the Material Information announced on 2024/10/14
6.Countermeasures : None
7.Any other matters that need to be specified : (1)The change in par value per share from NT$10 to NT$5 was approved 
by the TWSE.
(2)Investors are reminded that, the new shares'' reference price on the
TWSE listing and trading date (November 11, 2024) will be adjusted to 
one-half of the original shares'' closing price on the last trading day
(October 30, 2024) in proportion to the change in face value.
(3)After par value changing, earnings per share, net worth per share
and price per share will change accordingly. Investors are advised to
use those information.