Tokio Marine Newa Insurance Co., Ltd. announced a private placement of up to 219,701,467 common shares at an issue price of TWD 10 per share for gross proceeds of TWD 2,197,014,670 on December 22, 2022. The transaction included participation from returning investors Yulon Motor Company Ltd. for 98,701,467 common shares for proceeds of TWD 987,014,670 to acquire 17.77% stake and China Motor Corporation for 121,000,000 shares for TWD 1,210,000,000 to acquire 21.19% stake. The transaction has been approved by board of directors of investors.
End-of-day quote
Other stock markets
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5-day change | 1st Jan Change | ||
142 TWD | +2.90% | +9.23% | +25.66% |
Mar. 29 | China Motor Corporation Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Mar. 12 | China Motor Corporation Proposes Dividend for the Year 2023 | CI |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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---|---|---|---|---|---|
142 TWD | +2.90% | +9.23% | 2.41B | ||
67.5 TWD | +0.15% | +0.90% | 2.2B | ||
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+25.66% | 2.41B | |
+8.96% | 94.79B | |
+12.39% | 87.34B | |
-0.75% | 84.51B | |
+24.83% | 76.07B | |
+23.31% | 47.89B | |
+18.20% | 34.02B | |
-1.54% | 19.82B | |
+49.97% | 11.99B | |
-10.47% | 10.13B |
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- Tokio Marine Newa Insurance Co., Ltd. announced that it has received TWD 2.19701467 billion in funding from Yulon Motor Company Ltd., China Motor Corporation