Date of announcement 2019/06/24
Time of announcement 17:56:56
Date of events 2019/06/24
To which item it meets paragraph 20
Statement
1.Name and nature of the subject matter (if preferred shares,
the terms and conditions of issuance shall also be indicated,
e.g.dividend yield):Common shares of China Life
2.Date of occurrence of the event:2019/06/24
3.Volume, unit price, and total monetary amount of the transaction:
(1)Volume:151,102 thousand common shares
(2)Unit Price:NT$20.6 per share
(3)Total Amount:NT$3,113 million
4.Counterparty to the trade and its relationship to the Company
(if the trading counterpart is a natural person and furthermore
is not an actual related party of the Company, the name of the
trading counterpart is not required to be disclosed):
(1)Counterparty: China Life
(2)Relationship to the Company:Subsidiary of CDF.
5.Where the counterpart to the trade is an actual related party,
a public announcement shall also be made of the reason for choosing
the related party as trading counterpart and the identity of the
previous owner (including its relationship with the company and the
trading counterpart), price of transfer, and date of acquisition:
Due to the participation of capital increase
by cash of China Life
6.Where a person who owned the property within the past five years
has been an actual related person of the company, a public
announcement shall also include the dates and prices of
acquisition and disposal by the related person and the
person’s relationship to the company at those times:N.A.
7.Matters related to the creditor's rights currently being disposed
of (including types of collateral of the disposed creditor's rights;
if the creditor's rights are creditor's rights toward a related
person, the name of the related person and the book amount of the
creditor's rights toward such related person currently being
disposed of must also be announced):N.A.
8.Anticipated profit or loss from the disposal (not applicable in
cases of acquisition of securities) (where originally deferred, the
status or recognition shall be stated and explained):N.A.
9.Terms of delivery or payment (including payment period and
monetary amount), restrictive covenants in the contract, and
other important stipulations:
The terms are based on issuance terms of capital
increase by cash.
10.The manner in which the current transaction was decided, the
reference basis for the decision on price, and the decision-making
department:
(1)The manner in which the current transaction
was decided: China life have a capital increase plan
through issuance of common shares
(2)The reference basis for the decision on price:
The terms are based on issuance terms of capital
increase by cash.
(3)Decision making department: The chairman
11.Net worth per share of the underlying securities acquired
or disposed of: N.A.
12.Current cumulative volume, amount, and shareholding percentage
of holdings of the security being traded (including the current
trade) and status of any restriction of rights (e.g.pledges):
(1)Cumulative volume: 1,167,854 thousand common
shares (in addition to 386,332 thousand common
shares held by CDF's subsidiary, KGI Securities).
(2)Cumulative amount: NT$33,566 million(in
addition to NT$11,469 million held by KGI
Securities).
(3)Shareholding percentage: 26.16% (in
addition to 8.66% held by KGI Securities)
(4)Restriction of right: None
13.Current ratio of long or short term securities investment
(including the current trade) to the total assets and shareholder's
equity as shown in the most recent financial statement and the
operating capital as shown in the most recent financial statement:
(1)Total Asset Ratio: 96.78%
(2)Shareholders’ Equity Ratio: 115.77%
(3)Operating Capital: N.A.
14.Broker and broker's fee:N.A.
15.Concrete purpose or use of the acquisition or disposal:
Long-term investment
16.Do the directors have any objection to the present transaction?:
No
17.Is it a related party transaction?:Yes
18.Date of the board of directors’resolution:2019/03/25
19.Date of the recognition of the supervisors
or the board of independent directors’resolution:2019/03/25
20.Has the CPA issued an opinion on the unreasonableness of the price
of the current transaction?:N.A.
21.Name of the CPA firm:N.A.
22.Name of the certifying CPA:N.A.
23.The practice certificate number of the CPA:N.A.
24.Any other matters that need to be specified:
This investment plan was approved by Financial
Supervisory Commission, R.O.C. on May 14, 2019.
(Supplementary)CDF announced the board resolution to apply for the participation of capital increase by cash of China Life on March 25, 2019.
2019-06-24
Announcements
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CDF, on behalf of KGI Securities, announced the important resolutions adopted at the shareholders' meeting.
2019-06-24
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