- About Us
- Business
- Investor Relations
- ESG
- Careers
- Media Center
- YFY 100th
- A Message from Our Leader
- Company Profile
- Vision and Mission
- Business Strategy
- Our Brand
- Organization
- Achievements
2021-01-13
1.Date of occurrence of the event:2021/01/13
2.Company name:YFY Packaging Inc.
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):subsidiaries
4.Reciprocal shareholding ratios:100% owned subsidiaries by YFY Inc.
5.Cause of occurrence:
(1) According to the Enterprises Mergers and Acquisitions Act, Company Act,
and other related laws, YFY Packaging Inc. and YFY Development Corp.
prepares the Spin-Off Plan (included independent expert reasonable
opinion report).
(2) In order to strengthen the business operation, enhance operation
efficiency, improve business outlook and shareholder’s equity.YFY
Packaging Inc. plans to spin-off its Asset Management Division of
Central District, integrate them into an existed company, YFY Development
Corp., and issue new shares to its 100% owned shareholder, YFY Inc.,
as the consideration.
(3) Pursuant to the Enterprises Mergers and Acquisition Act, YFY Packaging
Inc. hereby notify creditors of the Spin-off Plan to exercise objection
against it, if any. Each creditor is entitled to raise objection in
writing, with relevant documents presenting creditor’s rights delivered
in person or postal, by Feb. 13th, 2021. Failure to file objection by
aforementioned deadline will be deemed acceptance of the Spin-off Plan.
6.Countermeasures:None.
7.Any other matters that need to be specified:None.