Material Information

2021-01-13

YFY Inc. announced on behalf of YFY Packaging Inc., the Board resolution for the capital reduction due to division spin-off

1.Date of the board of directors resolution:2021/01/13
2.Reason for capital reduction:division spin-off
3.Amount of capital reduction:NTD 771,082 thousand
4.Cancelled shares:77,108,200 shares.
5.Capital reduction percentage:15.824916%
6.Share capital after capital reduction:410,150,000 shares.
7.Scheduled date of the shareholders meeting:Not applicable.
8.Estimated no.of listed common shares after issuance of new shares
upon capital reduction:Not applicable.
9.Estimated ratio of listed common shares after issuance of new shares upon
capital reduction to outstanding common shares:Not applicable.
10.Please explain any countermeasures for lower circulation in
shareholding if the aforesaid estimated no.of listed common shares upon
capital reduction does not reach 60 million and the percentage does not
reach 25%:Not applicable.
11.The record date for capital reduction:
2021/01/18. If there is any necessary, it is proposed the shareholders
meeting, authorize the chairman to handle the adjustment.
12.Any other matters that need to be specified:None.

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  • M.O.P.S Company code:1907