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Shin Kong Financial Holding Co Ltd (2888.TW)

2888.TW on Taiwan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Shin Kong Financial Holding unit to raise stake in Cathay Financial Holdings to 12.3 pct from 0 pct
Friday, 2 Dec 2016 02:44am EST 

Shin Kong Financial Holding Co Ltd <2888.TW>: Says it will buy 102.7 million A special shares of Cathay Financial Holdings for T$6.16 billion .Says the co will raise stake in Cathay Financial Holdings to 12.3 percent from 0 percent after the stake acquisition.  Full Article

Shin Kong Financial Holding unit signs claim service cooperation contract with NEW CHINA LIFE INSURANCE
Tuesday, 22 Nov 2016 05:24am EST 

Shin Kong Financial Holding <2888.TW> and New China Life Insurance <601336.SS>:Shin Kong Financial Holding's subsidiary Shin Kong Life Insurance signed a claim service cooperation contract with New China Life Insurance on Nov. 22.  Full Article

Shin Kong Financial Holding unit receives penalty order of T$1.2 mln
Tuesday, 10 May 2016 11:53pm EDT 

Shin Kong Financial Holding <2888.TW>:Says its subsidiary Shin Kong Life Insurance was imposed fine of T$1.2 million by Financial Supervisory Commission, due to its violation of Insurance Act.  Full Article

Shin Kong Financial Holding announces no dividend payment for 2015
Friday, 18 Mar 2016 06:06am EDT 

Shin Kong Financial Holding Co Ltd:To pay no dividend to shareholders for 2015.  Full Article

Shin Kong Financial Holding subsidiary to subordinated financial bonds for 2016
Thursday, 21 Jan 2016 04:41am EST 

Shin Kong Financial Holding Co Ltd:Subsidiary Shin Kong Commercial Bank to issue 2016 first series subordinated financial bonds, worth T$3 billion, on Jan. 29.Bond A of T$800 million and bond B of T$2.2 billion.Maturity date is Jan. 29, 2023 for bond A, Jan. 29, 2026 for bond B.Interest rate is 1.6 pct for bond A, 1.8 pct for bond B.Proceeds to be used to enrich operating funds and improve capital adequacy ratio.  Full Article

Fubon Financial Holding subsidiary to acquire real estate in Taipei from subsidiary of Shin Kong Financial Holding
Friday, 11 Dec 2015 05:24am EST 

Fubon Financial Holding Co Ltd:Subsidiary Fubon Life Insurance to acquire land and building in Taipei at T$27,033,999,999 in total from Shin Kong Life Insurance, a subsidiary of Shin Kong Financial Holding.  Full Article

Shin Kong Financial Holding subsidiary receives penalty order
Thursday, 3 Dec 2015 02:50am EST 

Shin Kong Financial Holding Co Ltd:Subsidiary Shin Kong Life Insurance be imposed fine of T$2,700,000 by Financial Supervisory Commission, due to its violation of Insurance Act.  Full Article

Shin Kong Financial Holding subsidiary to acquire real estate
Monday, 30 Nov 2015 05:37am EST 

Shin Kong Financial Holding Co Ltd:Subsidiary Shin Kong Life Insurance to acquire real estate (land of 1,850 square meters and building of 3,442 ping) in London at 136,150,000 pounds from GRACECHURCH Street No. 1 Ltd.  Full Article

Shin Kong Financial Holding subsidiary to apply for issuance of 2015 subordinated financial bonds
Wednesday, 25 Nov 2015 05:18am EST 

Shin Kong Financial Holding Co Ltd:Subsidiary Shin Kong Bank to apply for issuance of 2015 subordinated financial bonds worth T$3 billion, with term of seven to 10 years.  Full Article

Shin Kong Financial Holding subsidiary to acquire land
Friday, 23 Oct 2015 04:45am EDT 

Shin Kong Financial Holding Co Ltd:Subsidiary Shin Kong Life Insurance to acquire 10 plots of land (1,471.62 square meters) in Taipei at T$1,758,421,500 in total from a Taiwan-based company and individual.  Full Article