Taishin Financial : Announced by Taishin FHC on behalf of Taishin Venture Capital for cash capital increase
July 21, 2017 at 05:09 am EDT
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Announced by Taishin FHC on behalf of Taishin Venture Capital for cash capital increase
1.Date of the board of directors resolution: 2017/07/20
2.Source of capital increase funds:Taishin FHC
3.Number of shares issued:127,190,000 shares
4.Par value per share:NT$10
5.Total monetary amount of the issue: NT$1,271,900,000
6.Issue price:NT$10
7.Number of shares subscribed by or allotted to employees:0 share
8.Number of shares publicly sold:0 share
9.Ratio of shares subscribed by or allotted as stock dividends to existing shareholders: 100%
10.Method of handling fractional shares and shares unsubscribed by the deadline:Not applicable
11.Rights and obligations of the newly issued shares:The same as previous offering shares
12.Utilization of the funds from the capital increase: Long term investment
13.Any other matters that need to be specified: Record date of the cash capital increase is 2017/08/31, authorized the chairman to adjust when needed
Taishin Financial Holding Co. Ltd. published this content on 20 July 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 July 2017 09:09:11 UTC.
Original documenthttps://www.taishinholdings.com.tw/english/Investors/index.jsp?rowId=2979
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Taishin Financial Holding Co Ltd is a Taiwan-based financial holding company principally engaged in the investment and management of its subsidiaries. The Company operates through three business segments. The Banking Businesses segment is mainly engaged in the wealth management, consumer financing, corporate financing, electronic financing, credit cards and trust businesses. The Securities Businesses segment is mainly engaged in the securities brokerage and proprietary trading businesses, as well as the provision of consulting and underwriting services. The Others segment is mainly engaged in the provision of management services for group companies. The Company is also involved in the futures trading, venture capital, insurance brokerage and other finance related businesses.