Date of announcement 2021/10/19
Time of announcement 17:28:59
Date of events 2021/10/19
To which item it meets paragraph 51
Statement
1.Date of occurrence of the event:2021/10/19
2.Company name:China Development Financial Holding Corporation.
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):Head office.
4.Reciprocal shareholding ratios:Not applicable.
5.Cause of occurrence:
1) The NTD$ 2.5 billion capital reduction of KGI Securities, a subsidiary
of CDF, has been approved by Financial Supervisory Commission, R.O.C. on
October, 19, 2021.
2) The use of funds and the effectiveness from the capital reduction: To
provide partial funding for the share swap with China Life, and repay
additional debt incurred for the previous tender offer.
6.Countermeasures:No.
7.Any other matters that need to be specified:No.