Cathay Financial : Announcement on behalf of subsidiary Cathay Century, the total amount of capital increase for a cash offering by private placement had been received.
Announcement on behalf of subsidiary Cathay
Century, the total amount of capital increase for a cash
offering by private placement had been received.
Date of events
2022/06/24
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/06/24
2.Company name:Cathay Century Insurance Co.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):subsidiaries
4.Reciprocal shareholding ratios:100%
5.Cause of occurrence:To strengthen capital structure.
6.Countermeasures:N/A
7.Any other matters that need to be specified:
(1)For the cash capital increase, the company resolved to
issue 200,000,000 shares of common stocks (Face value:
NT$10 per share); premium issue at NT$50 per share; total
amount to NT$10,000,000,000. This fund had been received
and transferred to the designated deposit account on
24 June 2022.
(2)The name of the bank designated to deposit proceeds:
Cathay United Bank Business Dept.
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Cathay Financial Holding Co. Ltd. published this content on 24 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 June 2022 09:35:01 UTC.
Cathay Financial Holding Co Ltd is a Taiwan-based financial holding company principally engaged in the investment and the management of investment business. The Company operates through five business segments. The Banking Business segment is mainly engaged in the banking, foreign exchange, guarantee, foreign exchange investment, trust and offshore financial businesses. The Life Insurance Business segment is principally engaged in the sales of traditional, investment and interest rate variable annuities and various insurance products, as well as provision of financial planning services. The Property Insurance Business segment is mainly engaged in the fire insurance, marine insurance, land and air insurance, guarantee insurance and reinsurance. The Securities Business segment is mainly engaged in the securities brokerage, self-employed and underwriting businesses, as well as provision of related financial services. The Others segment is mainly engaged in other assets and others.
Cathay Financial : Announcement on behalf of subsidiary Cathay Century, the total amount of capital increase for a cash offering by private placement had been received.
CATHAY FINANCIAL HOLDING CO., LTD. 
