SinoPac Financial Announces Board Approval for 2026 Cash Capital Increase to Issue Common Shares
Key facts
- SinoPac Financial Announces Board Approval for 2026 Cash Capital Increase to Issue Common Shares
- SinoPac Financial Holdings has resolved at its board meeting on June 26, 2026, to conduct a cash capital increase by issuing up to 760 million common shares, aiming to raise approximately NT$20 billion for investing in subsidiary SinoPac Securities and debt repayment.
- Source: PR Times
- Date: June 26, 2026
Direct answer
SinoPac Financial Holdings has resolved at its board meeting on June 26, 2026, to conduct a cash capital increase by issuing up to 760 million common shares, aiming to raise approximately NT$20 billion for investing in subsidiary SinoPac Securities and debt repayment.
- Citation
- SinoPac Financial Announces Board Approval for 2026 Cash Capital Increase to Issue Common Shares (June 26, 2026), PR Times
- Source
- PR Times
- Date
- June 26, 2026
SinoPac Financial Holdings has resolved at its board meeting on June 26, 2026, to conduct a cash capital increase by issuing up to 760 million common shares, aiming to raise approximately NT$20 billion for investing in subsidiary SinoPac Securities and debt repayment.
📋 Article Processing Timeline
- 📰 Published: June 26, 2026 at 09:00
- 🔍 Collected: June 27, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 27, 2026 at 18:27 (1h 26m after Collected)
1. Board resolution date: 06/26/2026
2. Source of capital increase: Issuance of common shares through cash capital increase
3. Whether the issuance of new shares is under a blanket registration (if yes, specify the intended issuance period; if no): No
4. Total issuance amount and number of shares (if surplus or reserve capital increase, exclude employee allocation): Maximum of 760 million shares to be issued, with expected proceeds of approximately NT$20 billion.
5. Issuance amount and number of shares for blanket registration cases: Not applicable
6. Remaining amount and share balance after this issuance under blanket registration: Not applicable
7. Par value per share: NT$10
8. Issuance price: Tentatively set between NT$26.6 and NT$50 per share. The actual issuance price will be determined by the Chairman after the filing becomes effective.
9. Number of shares or amount allocated for employee subscription: 10% of the total number of shares issued in the capital increase shall be subscribed by employees.
10. Number of shares offered to the public: 10% of the total number of shares issued in the capital increase.
11. Subscription or free allocation ratio for existing shareholders: 80% of the total number of shares issued in the capital increase.
12. Handling of fractional shares and unsubscribed shares: Authorized for the Chairman to arrange for specific persons to subscribe.
13. Rights and obligations of the newly issued shares: Same as the currently issued and outstanding common shares.
14. Use of proceeds from capital increase: Investment in subsidiary SinoPac Securities and debt repayment.
15. Rationality and necessity of fundraising after cash reduction (applicable if cash reduction was conducted in the current or previous year): Not applicable
16. Other matters to be disclosed: Related matters including the cash capital increase plan, issuance procedures, and post-increase common shares shall be fully authorized to the Chairman or designated person for handling.
2. Source of capital increase: Issuance of common shares through cash capital increase
3. Whether the issuance of new shares is under a blanket registration (if yes, specify the intended issuance period; if no): No
4. Total issuance amount and number of shares (if surplus or reserve capital increase, exclude employee allocation): Maximum of 760 million shares to be issued, with expected proceeds of approximately NT$20 billion.
5. Issuance amount and number of shares for blanket registration cases: Not applicable
6. Remaining amount and share balance after this issuance under blanket registration: Not applicable
7. Par value per share: NT$10
8. Issuance price: Tentatively set between NT$26.6 and NT$50 per share. The actual issuance price will be determined by the Chairman after the filing becomes effective.
9. Number of shares or amount allocated for employee subscription: 10% of the total number of shares issued in the capital increase shall be subscribed by employees.
10. Number of shares offered to the public: 10% of the total number of shares issued in the capital increase.
11. Subscription or free allocation ratio for existing shareholders: 80% of the total number of shares issued in the capital increase.
12. Handling of fractional shares and unsubscribed shares: Authorized for the Chairman to arrange for specific persons to subscribe.
13. Rights and obligations of the newly issued shares: Same as the currently issued and outstanding common shares.
14. Use of proceeds from capital increase: Investment in subsidiary SinoPac Securities and debt repayment.
15. Rationality and necessity of fundraising after cash reduction (applicable if cash reduction was conducted in the current or previous year): Not applicable
16. Other matters to be disclosed: Related matters including the cash capital increase plan, issuance procedures, and post-increase common shares shall be fully authorized to the Chairman or designated person for handling.
FAQ
How much is SinoPac's capital increase?
Up to 760 million shares, raising approximately NT$20 billion.
What will the funds be used for?
Primarily for investing in SinoPac Securities and debt repayment.
Can the public participate?
Yes, 10% of the new shares are allocated for public subscription.