The Company's application to FSC to invest in Shin Kong Financial Holding Co. approved by BOD of CTBC Holding is deferred by the Competent Authority.
1.Date of occurrence of the event:2024/09/16
2.Company name:CTBC Financial Holding Co., Ltd.
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:The Company received a letter from the Competent
Authority that the application to invest in Shin Kong Financial Holding Co.
by public tender offer is deferred due to several concerns.
6.Countermeasures:In response to the concerns of the Competent Authority on
the Company's investment in Shin Kong Financial Holding Co., the Company
will promptly evaluate the revision plan and submit to the BOD for
discussion and approval.
7.Any other matters that need to be specified (the information disclosure
also meets the requirements of Article 7, subparagraph 9 of the Securities
and Exchange Act Enforcement Rules, which brings forth a significant impact
on shareholders rights or the price of the securities on public companies.):
None