SinoPac Holdings Subsidiary Participates in Cash Capital Increase of Timotion Technology
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 15, 2026 at 08:20 (24h 20m after Collected)
SinoPac Holdings announced on behalf of its subsidiary, SinoPac Securities Venture Capital, the decision to participate in the cash capital increase of Timotion Technology Corp. The board approved an investment of up to NT$380 million to acquire a maximum of 2,000 thousand common shares at a price not exceeding NT$190 per share. This investment will account for up to 4.03% of the target company's shares. The primary purpose of this transaction is the utilization of investment funds.