Announcement Regarding Board Resolution for Capital Increase by Cathay Securities, a Subsidiary of Cathay Financial Holdings
Cathay Financial Holdings announced that its subsidiary, Cathay Securities, has resolved at a board meeting to proceed with a capital increase. The capital increase amounts to NT$5 billion, with the parent company, Cathay Financial Holdings, subscribing to the entire amount. The purpose of this capital increase is to supplement working capital. A total of 100 million new shares will be issued at an issue price of NT$50 per share.
📋 Article Processing Timeline
- 📰 Published: June 9, 2026 at 09:00
- 🔍 Collected: June 10, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 12, 2026 at 17:53 (57h 53m after Collected)
1. Date of Board Resolution: June 9, 2026
2. Source of Capital Increase Funds: To be subscribed by the parent company, Cathay Financial Holdings.
3. Whether to adopt a shelf registration for the issuance of new shares (If 'Yes', please also specify the planned issuance period / If 'No'): No
4. Total amount and number of shares to be issued in the entire case (For capital increases through surplus or capital reserves, the number of shares issued does not include those allocated to employees):
Total Issuance Amount: NT$5,000,000,000
Total Number of Shares to be Issued: 100,000,000 shares
5. For shelf registration cases, the amount and number of shares issued this time: Not applicable
6. For shelf registration cases, the remaining amount and number of shares after this issuance: Not applicable
7. Par Value Per Share: NT$10
8. Issue Price: NT$50
9. Number of Shares Subscribed by Employees or Amount Allocated: 0 shares
10. Number of Shares for Public Sale: 0 shares
11. Proportion of Subscription or Free Distribution to Existing Shareholders: 100%
12. Method of Handling Fractional Shares and Unsubscribed Shares: None
13. Rights and Obligations of New Shares Issued This Time: Same as existing common shares.
14. Purpose of Capital Increase Funds: To supplement working capital.
15. Reasonableness and Necessity of Raising Capital After Capital Reduction by Cash
(Applicable to cases where cash reduction was carried out in the year of fundraising and the preceding year): Not applicable
16. Other Matters to be Noted: None
2. Source of Capital Increase Funds: To be subscribed by the parent company, Cathay Financial Holdings.
3. Whether to adopt a shelf registration for the issuance of new shares (If 'Yes', please also specify the planned issuance period / If 'No'): No
4. Total amount and number of shares to be issued in the entire case (For capital increases through surplus or capital reserves, the number of shares issued does not include those allocated to employees):
Total Issuance Amount: NT$5,000,000,000
Total Number of Shares to be Issued: 100,000,000 shares
5. For shelf registration cases, the amount and number of shares issued this time: Not applicable
6. For shelf registration cases, the remaining amount and number of shares after this issuance: Not applicable
7. Par Value Per Share: NT$10
8. Issue Price: NT$50
9. Number of Shares Subscribed by Employees or Amount Allocated: 0 shares
10. Number of Shares for Public Sale: 0 shares
11. Proportion of Subscription or Free Distribution to Existing Shareholders: 100%
12. Method of Handling Fractional Shares and Unsubscribed Shares: None
13. Rights and Obligations of New Shares Issued This Time: Same as existing common shares.
14. Purpose of Capital Increase Funds: To supplement working capital.
15. Reasonableness and Necessity of Raising Capital After Capital Reduction by Cash
(Applicable to cases where cash reduction was carried out in the year of fundraising and the preceding year): Not applicable
16. Other Matters to be Noted: None
FAQ
What is the purpose of this capital increase?
This capital increase is primarily to supplement the working capital of Cathay Securities, a subsidiary.
What are the scale and terms of the capital increase?
The total issuance amount is NT$5 billion, with 100 million shares to be issued at an issue price of NT$50 per share.
Who will subscribe to the capital increase?
The parent company, Cathay Financial Holdings, will subscribe to all the shares to be issued.
Will the new shares from the capital increase have the same rights as existing shares?
Yes, the new shares issued this time will have the same rights and obligations as existing common shares.
What impact will this capital increase have on Taiwan's financial market?
Capital strengthening by a major financial group can contribute to market stability and may influence other financial institutions.