Oriental Chain Mfg. Co., Ltd. announced that following a Board of Directors meeting held on October 16, 2026, it has approved the transfer of 4,500 units (equivalent to 450,000 shares) of its 1st Series Stock Acquisition Rights. The warrants are being transferred from the current holder, Ucapi Co., Ltd., to KAY LEO BROTHERS LIMITED. Since this transaction is a transfer of existing rights between holders, it will not result in changes to the total number of issued shares, potential shares, or the company’s consolidated financial performance.
The primary objective behind this transfer is to bolster the stability and flexibility of the company’s capital procurement. By diversifying the exercise opportunities and the subsequent policies for holding or selling the acquired shares, Oriental Chain Mfg. aims to establish a more efficient financing framework capable of adapting to market conditions. The company has confirmed that the transferee, KAY LEO BROTHERS LIMITED, intends to exercise the rights and hold the shares with a medium-to-long-term perspective. Furthermore, a third-party investigation has verified that the transferee has no associations with anti-social forces.
Founded in 1947, Oriental Chain Mfg. Co., Ltd. is a specialized manufacturer of industrial machinery components. The company focuses on the production and sale of power transmission roller chains, conveyor chains, sprockets, and metal injection molded (MIM) parts. Known for its expertise in high-mix, low-volume production, the company supplies essential components to a wide range of sectors, including food processing, agriculture, machine tools, and medical equipment.