Cathay Financial Raises 52.5 Billion Yuan to Create Largest Cash Raising Case Since Establishment of Financial Holding Company | Anue tycoon-Taiwan stock news

Cathay Gold (2882-TW) The price of the current increase case has been released. According to the latest announcement, the current per-share price increase is 35 yuan and is expected to raise about 52.5 billion yuan from the market, which is the largest cash capital increase since the establishment of the holding company. financial. Calculated in yuan, the discount rate is approximately 16.7%.

Affected by factors such as the global central bank’s rising interest rates and huge compensation for epidemic prevention insurance policies, Cathay Financial launched a large-scale capital raising. According to Cathay Financial’s previous plan, the share price of the capital increase was set in the range of 26 to 40 yuan, and the chairman was authorized to make a decision. The share price is 35 yuan.

According to Cathay Gold’s plan, 35 billion yuan of this cash capital increase will be used for the capital increase of Cathay Life Insurance. After the capital injection, China Life’s capital adequacy ratio (RBC) will exceed 350% and the equity ratio will also increase to more than 6.2%; another 100 The 100 million yuan is being used to inject capital into Cathay Pacific Property & Casualty Insurance, which has lost more than 18 billion yuan to epidemic prevention insurance.

According to Cathay Gold’s announcement, the base date for this increase is December 11, of which the payment date for the original shareholders and employees is December 14 to 22, and the subscription payment period for specific individuals is from 23 to 22 December. On the 26th, in other words, the funds raised for this current increase will be available by the end of this year.


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