SinoPac Holdings Subsidiary Participates in Cash Capital Increase of Timotion Technology
Key facts
- SinoPac Holdings Subsidiary Participates in Cash Capital Increase of Timotion Technology
- Source: PR Times
- Date: May 13, 2026
Direct answer
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.
- Citation
- SinoPac Holdings Subsidiary Participates in Cash Capital Increase of Timotion Technology (May 13, 2026), PR Times
- Source
- PR Times
- Date
- May 13, 2026
📋 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)
FAQ
What are the key facts in this article?
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.
What is the direct answer?
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.
What is the source and date?
PR Times: https://mops.twse.com.tw/material/twse-2890-2026-05-13-553ab0c4 | May 13, 2026