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)
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.