E-Lead Electronic's (TPE:2497) major unit, Tong Yah Electronic Technology, will issue 5 million new shares from retained earnings to its parent.
The shares have a par value of NT$10 each, with a total issuance value of NT$50 million, according to a Wednesday filing.
All newly issued shares will be allocated to E-Lead Electronic, it said.
Tong Yah Electronic Technology will use the capital increase to replenish working capital.
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