Shinli No.1 Real Estate Investment Trust announced a private placement of 40,000,000 common shares at an issue price of TWD 10 per share for gross proceeds of TWD 400,000,000 on February 17, 2024. The transaction will involve participation from new investor, Shin Kong Financial Holding Co., Ltd. for 7.96% stake. The transaction has been approved by the board of directors.
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- Shinli No.1 Real Estate Investment Trust announced that it expects to receive TWD 400 million in funding from Shin Kong Financial Holding Co., Ltd.