CDF, on behalf of KGI Securities, announced the purchase of Taiwan Life Insurance Co., Ltd. Subordinate Perpetual from China Life.

2019-09-11
Announcements

Date of announcement  2019/09/11
Time of announcement  18:18:11
 
Date of events   2019/09/11 
To which item it meets paragraph 20
Statement 
1.Name of the securities: Taiwan Life Insurance Co., Ltd. Subordinate Perpetual Issued in 2017
2.Trading date:2019/09/11
3.Trading volume, unit price, and total monetary amount of the transaction:
(1) Trading volume:2,000 units
(2) Unit price:3.10%
(3) Total monetary amount: NTD 2,062,214,114
4.Gain (or loss) (not applicable in case of acquisition of securities):NA
5.Relationship with the underlying company of the trade:None
6.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) Volume: 2,000 unit
(2) Amount: NTD 2,062,214,114
(3) Shareholding percentage of holdings of the security being traded: NA
(4) Status of any restriction of rights: None
7.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 operational capital as shown in the most recent financial statement:
(1) To total assets:43.82%
(2) To shareholder's equity:141.65%
(3) To operating capital as shown in the most recent financial statement: NTD 18,252,715,161
8.Concrete purpose/objective of the acquisition or disposal: Regular business
9.Do the directors have any objections to the present transaction?: None
10.Is it a related party transaction?: Yes
11.Counterparty to the trade and its relationship to the company: A related party of the Company based on the International Accounting Standards and as defined by the Article 45 of the Financial Holding
Company Act
12.Date of the board of directors' resolution: NA
13.Date of the recognition of the supervisors or the board of independent directors' resolution: NA
14.Any other matters that need to be specified: None