1. Date of Event: July 7, 2026
2. Company Name: SinoPac Commercial Bank Co., Ltd.
3. Relationship with Company (please enter '本公司' or 'Subsidiary'): Subsidiary
4. Cross-shareholding Ratio: Not applicable
5. Reason for Occurrence: SinoPac Bank applied to the Banking Bureau of the Financial Supervisory Commission for the absorption merger of King's Town Bank. According to an official press release published on the Bureau’s website on July 7, 2026, the merger has been officially approved today.
6. Response Measures: Not applicable
7. Other Matters to be Disclosed: As the entity involved is a publicly issued company or above, this significant information also qualifies as a material event under Article 7, Paragraph 9, Item 9 of the Enforcement Rules of the Securities and Exchange Act, which may have a significant impact on shareholders’ rights or securities prices. The merger benchmark date will be jointly agreed upon by the chairmen of both banks and subsequently announced to the public.
FACT BOX
- Source: PR Times
- Category: Partnership