Hua Nan Financial Holdings Announces Subsidiary Hua Nan Commercial Bank's Transfer of Credit Assets

Key facts

  • Hua Nan Financial Holdings Announces Subsidiary Hua Nan Commercial Bank's Transfer of Credit Assets
  • Hua Nan Commercial Bank, a subsidiary of Hua Nan Financial Holdings, has announced the transfer of financial institution loan receivables. The transaction amount is MOP 174,017,474, approved by the Executive Directors' Meeting.
  • Source: PR Times
  • Date: June 26, 2026

Direct answer

Hua Nan Commercial Bank, a subsidiary of Hua Nan Financial Holdings, has announced the transfer of financial institution loan receivables. The transaction amount is MOP 174,017,474, approved by the Executive Directors' Meeting.

Citation
Hua Nan Financial Holdings Announces Subsidiary Hua Nan Commercial Bank's Transfer of Credit Assets (June 26, 2026), PR Times
Source
PR Times
Date
June 26, 2026
Hua Nan Commercial Bank, a subsidiary of Hua Nan Financial Holdings, has announced the transfer of financial institution loan receivables. The transaction amount is MOP 174,017,474, approved by the Executive Directors' Meeting.

📋 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 18:48 (1h 48m after Collected)
1. Name and nature of the subject matter (if preferred shares, specify issuance terms such as dividend rate):
Financial institution loan receivables

2. Date of occurrence: 115/6/26 ~ 115/6/26

3. Board approval date: Not applicable

4. Other approval dates:
Approval level: Executive Directors' Meeting
June 26, 115

5. Transaction quantity, unit price, and total amount:
MOP 174,017,474.00

6. Counterparty and its relationship with the company (if the counterparty is an individual and not a related party, name disclosure may be omitted):
To be announced after sale

7. If the counterparty is a related party, state the reason for selecting the related party, previous transferor, relationship among previous transferor, company, and counterparty, previous transfer date, and amount:
Not applicable

8. If the ownership of the subject matter was held by a related party of the company within the past five years, state the date, price, and relationship with the company at the time of acquisition and disposal:
Not applicable

9. Matters related to the disposal of receivables (including types of collateral attached to the disposed receivables; if receivables from related parties are disposed, state the name and book value):
Collateral attached to the disposed receivables: Real estate, etc.

10. Gain (or loss) from disposal (not applicable if acquiring securities) (if previously deferred, explain recognition in table form):
Gain (or loss) recognized based on actual disposal price

11. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreements:
Conducted in accordance with original syndicated loan agreement and secondary market practices

12. Decision method for this transaction, reference basis for price determination, and decision-making unit:
Approved by Executive Directors' Meeting; price determined by secondary market

13. Net asset value per share of the securities-issuing company acquired or disposed:
Not applicable

14. Cumulative holdings (including this transaction) of securities from this transaction, including quantity, amount, ownership percentage, and restricted rights (e.g., pledge status) to date:
Not applicable

15. Cumulative investment in securities listed under Article 3 of the 'Regulations Governing the Acquisition or Disposition of Assets by Publicly Issued Companies' (including this transaction) as a percentage of total assets and equity attributable to parent owners in the company's latest financial statements, and the amount of working capital in the latest financial statements (Note 2):
Not applicable

16. Broker and brokerage fees:
None

17. Specific purpose or use of acquisition or disposal:
Sale of original credit assets

18. Dissenting opinions from directors regarding this transaction:
Not applicable

19. Is this transaction with a related party? No

20. Date of auditor approval or audit committee consent:
Not applicable

21. Did the accountant issue a non-reasonable opinion on this transaction? Not applicable

22. Name of accounting firm:
Not applicable

23. Name of accountant:
Not applicable

24. Accountant's license number:
Not applicable

25. Does this involve a change in business model? No

26. Explanation of business model change:
Not applicable

27. Transaction status with the counterparty in the past year and expected in the next year:
Not applicable

28. Source of funds:
Not applicable

29. Previous date of material information release on the same event: Not applicable

30. Other explanatory matters:
This transaction is calculated based on the exchange rate of 115/05/30 (MOP:NTD=1:3.8874)

FAQ

What is the purpose of this asset transfer?

To enhance capital efficiency and strengthen risk management by disposing of non-core assets.

What is the transaction amount?

The total amount is MOP 174,017,474, calculated based on the exchange rate on 115/05/30.

Who is the counterparty?

The counterparty will be announced after the sale is completed.