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News Releases |
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Announced by Yuanta Financial Holdings (former FFHs)on behalf of Yuanta Securities
Finance (former FSFC)has approved new shares through private placement. |
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- Date of the board of directors' resolution: 2007/09/26
- Source of the private placement funds: Yuanta Financial Holding Company (former Fuhwa Financial Holding Company)
- Number of shares privately placed: 100,000,000 shares
- Par value per share: NTD 10 per share.
- Total monetary amount of the private placement: NTD 2,000,000,000.
- Private placement
price: NTD 20 per share.
- Number of shares subscribed by employees: NA
- Number of shares subscribed by existing shareholders: 100,000,000shares.
- Rights and obligations of the new private placement shares: Holders have the same
rights and obligations as the common share holders.
- Use of the funds raised in the private placement: Strengthen the financial structure
and increasing capital adequacy ratio
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The record date for share conversion, if conversion, exchange, or subscription rights
are attached: NA
- Possible dilution of equity, if conversion, exchange, or subscription rights are
attached: NA
- Any other matters that need to be specified: Under the Company law and the Financial
Holding Company Act, the rights and functions of the shareholder's meeting shall
be exercised by the board of directors
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