TPE:2883

2 stories mentioning TPE:2883Updated just now

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KGI Financial Unit Commits Up to $1 Million to Private Investment Fund

KGI Financial (TPE:2883) unit CDIB Global Markets approved a commitment of up to $1 million to Tenon Ventures, a private investment fund, according to a Wednesday Taiwan Exchange filing.The investment will be made through Class A limited partnership interests and represents approximately 11.76% of the fund.KGI Financial said the commitment forms part of its investment business development strategy.Shares gained nearly 2% in recent trade.

TPE:2883

Asia6d ago

KGI Financial Logs NT$4.74 Billion Profit in May

KGI Financial (TPE:2883) booked net profit of NT$4.74 billion for May, according to a Thursday Taiwan Exchange filing.Shares gained about 1% in Friday's late morning trade.Cumulative net profit for January to May amounted to NT$22.3 billion, or NT$1.32 per share.The company did not disclose comparative year-ago figures.

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