[FEIB] Announcement on Behalf of Subsidiary Far Eastern Asset Management Corp. Regarding the Acquisition of Claims
Far Eastern Asset Management, a subsidiary of FEIB, acquired financial institution claims worth NT$507 million from Shanghai Commercial & Savings Bank to generate investment profit.
📋 Article Processing Timeline
- 📰 Published: April 22, 2026 at 09:00
- 🔍 Collected: April 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 23, 2026 at 13:41 (5h 41m after Collected)
1. Name and nature of the underlying asset: Financial institution claims.
2. Date of occurrence: 115/4/22.
3. Date of board resolution: Not applicable.
4. Other approval dates: Approved by board members on April 22, Year 115.
5. Transaction volume, unit price, and total transaction amount: NT$507,000,000.
6. Counterparty and its relationship to the Company: Shanghai Commercial & Savings Bank (None).
12. Decision-making process, reference for price determination, and decision-making unit: Pricing reference: Pan-Asia Real Estate Appraisers Firm; Decision-making unit: Approved by board members via internal sign-off.
17. Specific purpose or use of the acquisition: To generate profit.
19. Is this a related-party transaction: No.
25. Does it involve a change in business model: No.
2. Date of occurrence: 115/4/22.
3. Date of board resolution: Not applicable.
4. Other approval dates: Approved by board members on April 22, Year 115.
5. Transaction volume, unit price, and total transaction amount: NT$507,000,000.
6. Counterparty and its relationship to the Company: Shanghai Commercial & Savings Bank (None).
12. Decision-making process, reference for price determination, and decision-making unit: Pricing reference: Pan-Asia Real Estate Appraisers Firm; Decision-making unit: Approved by board members via internal sign-off.
17. Specific purpose or use of the acquisition: To generate profit.
19. Is this a related-party transaction: No.
25. Does it involve a change in business model: No.