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News Releases |
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| Announced by Yuanta Financial Holdings on behalf of Yuanta Securities Finance Co. Ltd of impairment loss on Polaris Securities 2006-2 CBO |
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- Date of occurrence of the event: 2009/12/11
- Company name: Yuanta Securities Finance Co., Ltd.
- Relationship to the Company (please enter "head office" or "affiliate company" ): Affiliate company
- Reciprocal shareholding ratios: 100%
- Cause of occurrence: Yuanta Securities Finance Co., Ltd. investment in Polaris Securities 2006-2 CBO was NT$567.7 million. Because of principal repayment, the current investment amount is NT$488 million. Due to the future cash flow from part of the portfolio is expected to decrease, Yuanta Securities Finance Co., Ltd. has recognized an impairment loss of NT$208 million on such CBO.
- Countermeasures: NA
- Any other matters that need to be specified: NA
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