Financial News

2014/02/26

The Board of Directors Meeting of Coretronic Corporation has resolved to conduct of capital reduction

The Board of Directors Meeting of Coretronic Corporation (Stock Code: 5371) held on Feb. 26th, 2014 has resolved to conduct of capital reduction by cash refund to shareholders in order to enhance shareholders' interests.
 
The total amount of capital reduction is NT$1,810,096,300, the capital reduction ratio is 25% and the total cancelled shares is 181,009,630 shares. After the capital reduction, the company's paid-in capital is NT$ 5,430,288,880, NT$10 par value per share, equivalent to 543,028,888 shares.