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News Releases |
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| Subsidiary company Yuanta Commercial Bank announces the board of directors has approved the issuance of new shares through private placement. |
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- Date of the board of directors' resolution: 2009/02/26
- Source of the private placement funds: Yuanta Financial Holdings Company
- Number of shares privately placed: 275,491,120 shares
- Par value per share: NTD 10 per share
- Total monetary amount of the private placement: NTD 4,132,366,800
- Private placement price: NTD 15 per share
- Number of shares subscribed by employees: NA
- Number of shares subscribed by existing shareholders: 275,491,120 shares
- 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: Increase equity per common share and strengthen the financial structure
- 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: Pursuant to the Company Act and the Financial Holding Company Act, the rights and functions of the shareholders' meeting shall be exercised by the board of directors.
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