Taishin Financial : With respect to the injunction filed by the Company against the Ministry of Finance,the Supreme Court revokes the ruling of Taiwan High Court
October 07, 2015 at 08:14 am
Share
Provided by: TAISHIN FINANCIAL HOLDING CO., LTD.
SEQ_NO
4
Date of announcement
2015/10/01
Time of announcement
21:12:50
Subject
With respect to the injunction filed by the
Company against the Ministry of Finance,the Supreme Court
revokes the ruling of Taiwan High Court
Date of events
2015/10/01
To which item it meets
paragraph 49
Statement
1.Date of occurrence of the event:2015/10/01
2.Company name:Taishin Financial Holding Co., Ltd.
(the ¡§Company¡¨)
3.Relationship to the Company (please enter ¡¨head office¡¨ or
¡¨subsidiaries¡¨):Head Office
4.Reciprocal shareholding ratios:100%
5.Name of the reporting media:N/A
6.Content of the report:N/A
7.Cause of occurrence:With respect to the injunction filed by the Company
against the Ministry of Finance for its violation of contract by acquiring
board seats of Chang Hwa Bank on December 8, 2014, the Company receives the
order granted by the Supreme Court that revokes the ruling of Taiwan
High Court which denied the Company's counterappeal, and the Supreme Court
also orders Taiwan High Court to re-issue a ruling.
8.Countermeasures:The Company has asked attorneys to study the following
procedure,in order to protect the Company and the shareholders¡¦ interest.
9.Any other matters that need to be specified:N/A
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.
Taishin Financial : With respect to the injunction filed by the Company against the Ministry of Finance,the Supreme Court revokes the ruling of Taiwan High Court