Taishin Financial: FHC announces on behalf of Life Insurance Co., Ltd. its investment in Taiwania Capital Buffalo Fund VI, LP

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Provided by: Taishin Financial Holding Co., Ltd.

SEQ_NO

2

announcement date

2022/01/18

Announcement time

17:48:39

Topic

 Taishin FHC announces on behalf of
Taishin Life Insurance Co., Ltd. to invest in
Taiwania Capital Buffalo Fund VI, L.P.

Date of events

2022/01/18

What item it responds to

paragraph 24

Declaration

1.Name and nature of the underlying security (if preferred shares, the terms
and conditions of issuance shall also be indicated, e.g., dividend yield):
Taiwania Capital Buffalo Fund VI, L.P.
2.Date of occurrence of the event:2022/01/18
3.No., unit price, and monetary amount of the transaction:
(1)Volume:NA
(2)Unit price:NA
(3)Total monetary amount:no more than NT$200,000,000
4.Counterparty to the trade and its relationship to the company (if the
trading counterparty is a natural person and not a related party of the
company, its name is not required to be disclosed):
(1)Counterparty:Taiwania Capital Buffalo Fund VI Co., Ltd.
(2)Its relation with the company:the counterparty itself is not a related
party of the Company, but it's a transaction that the Company's interested
party is involved
5.Where the counterparty to the trade is a related party, an announcement
shall also be made of the reason for choosing the related party as trading
counterparty and the identity of the previous owner, including its
relationship with the company and the trading counterparty, the price of the
ownership transfer, and date of transfer:NA
6.Where the owner of the underlying securities within the past five years
has been a related party of the company, an announcement shall also include
the dates and prices of acquisition and disposal by the related party and
its relationship with the company at the time:NA
7.Matters related to the creditor��s rights currently being disposed of
(including type of collateral of the disposed creditor��s rights; if the
creditor��s rights are creditor��s rights over a related party, the name of
the related party and the book amount of such creditor��s rights currently
being disposed of must also be announced):NA
8.Profit (or loss) from the disposal (not applicable in cases of acquisition
of securities) (where originally deferred, the status or recognition shall
be stated and explained):NA
9.Terms of delivery or payment (including payment period and monetary
amount), restrictive covenants in the contract, and other important
stipulations:
(1)Capital contributions will be made according to capital call notices
(2)According to Limited Partnership Agreement
10.The manner in which the current transaction was decided, the reference
basis for the decision on price, and the decision-making unit:
(1)Commit to the newly funded venture capital
(2)No unit price under limited partnership
(3)Be conducted by Board of Directors
11.Net worth per share of company of the underlying securities acquired or
disposed of:NA
12.The discrepancy between the reference price of private placement company
and the transaction amount per share is 20 percent or more:NA
13.Current cumulative no., amount, and shareholding ratio of the securities
being traded (including the current transaction) as of the date of
occurrence and status of any restriction of rights (e.g.,pledges):
(1)No trading volumes under limited partnership
(2)No more than NT$200,000,000
(3)Estimated contribution ratio: 3.3%
(4)NA
14.Privately placed securities (including the current transaction) as a
percentage of total assets of the company and shareholder��s equity of the
parent company on the latest financial statements, and the operating capital
on the latest financial statements as of the date of occurrence:
(1)0.008%
(2)0.1%
(3)NA
15.Broker and broker's fee:None
16.Concrete purpose or use of the acquisition or disposition:
Legal use of the insurance funds
17.Whether the directors expressed any objection to the present transaction:
NA
18.Whether the trading counterparty is a related party:Yes
19.Date of approval by board of directors:2022/01/18
20.Recognition date by supervisors or approval date by audit committee:
2022/01/18
21.Whether the CPA issued an opinion on the unreasonableness of the current
transaction:NA
22.Name of the CPA firm:NA
23.Name of the CPA:NA
24.License no.of the CPA:NA
25.Any other matters that need to be specified:
it's a transaction that the Company's interested party is involved.

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Taishin Financial Holding Co.Ltd. published this content on January 18, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on Jan 18, 2022 10:04:09 AM UTC.

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