16 stories mentioning TPE:2887Updated 4d ago
Every FINWIRES story that references TPE:2887, newest first.
Taiwan's Financial Supervisory Commission (FSC) has fined TS Financial's (TPE:2887) subsidiary Shin Kong Life Insurance NT$1.2 million, according to a Wednesday filing with the Taiwan Exchange.The penalty stems from deficiencies the regulator identified after a routine examination of the insurer's business operations.The related deficiencies have now been rectified based on FSC's instructions.
TS Financial (TPE:2887) unit TSIT agreed to acquire the right-of-use assets of a Taipei, Taiwan, office building at a deal valued at NT$38.3 million.The assets will be purchased from related party Shin Kong Life Insurance, according to a Tuesday filing.The transaction covers 296.46 ping, with a lease period from Sept. 16, 2026 to Jan. 31, 2031, it said.
TS Financial (TPE:2887) was granted approval by Taiwan's Financial Supervisory Commission for a merger between its subsidiary, MasterLink Securities Investment Advisory and Taishin Investment Advisory, according to a Monday Taiwan bourse filing.The chairpersons of both companies have set the merger base date for Oct. 16.
TS Financial's (TPE:2887) subsidiary, Taishin International Bank, will complete its merger with Taiwan Shin Kong Commercial Bank on Jan. 1, 2027, according to a Wednesday filing with the Taiwan Exchange.Following the merger, Taishin Bank will become the surviving entity and will issue new shares to Shin Kong Bank shareholders at an exchange ratio of 0.9505 Taishin Bank shares for each Shin Kong Bank Share.
Taiwan's Financial Supervisory Commission approved the merger of TS Financial (TPE:2887) subsidiary, Taishin International Bank, with Taiwan Shin Kong Commercial Bank, according to a Tuesday bourse filing.The merger base date is intended to be jointly determined and disclosed by the chairpersons of both companies or designated representatives.
TS Financial (TPE:2887) unit Shin Kong Life Insurance approved the issuance of up to NT$18 billion of cumulative subordinated bonds.The securities have a tenure of at least 10 years, according to a Friday Taiwan Exchange filing.The insurer may issue the bonds in New Taiwan dollars and/or an equivalent amount in foreign currency through its Singapore special purpose vehicle, depending on market conditions.Proceeds will be used to increase shareholders' equity, strengthen its financial structure and improve its capital adequacy ratio.
TS Financial's (TPE:2887) subsidiary will acquire real estate property rights and urban renewal interests from Shinkong Insurance for NT$2.76 billion, according to a Friday filing with the Taiwan Exchange.The assets relate to an urban renewal rights transformation plan covering 12 land plots.The assets are for self-use and to proceed with subsequent urban renewal and reconstruction work.
TS Financial (TPE:2887) unit Shin Kong Life Insurance will redeem its Series 105-1 perpetual cumulative subordinated corporate bonds after obtaining approval from Taiwan's Insurance Bureau.The company did not disclose the redemption amount or timing in the Friday bourse filing.
TS Financial's (TPE:2887) subsidiary, Taishin Securities unit was fined NT$3.6 million and received a warning from the Financial Supervisory Commission of Taiwan, according to a Tuesday filing with the Taiwan Exchange.The company disclosed the occurrence of an abnormal situation in the electronic trading system after Taishin Securities merged with MasterLink Securities on April 6.An investigation found that the company had failed to implement its internal control system and was therefore imposed penalties.The entity's financial operations will also be restricted and it will be barred from applying to add business types or items or establish new branches.
TS Financial (TPE:2887) unit Taishin Futures will terminate a lease agreement early with related party Shin Kong Life Insurance for office space in Taipei, Taiwan, according to a Monday filing with the Taiwan Exchange.The early termination is part of a resource integration plan.The lease, originally due to expire in February 2028, will end on Aug. 31, 2026.The early termination will reduce Taishin Futures' right-of-use assets by NT$8.94 million and lease liabilities by NT$9.90 million, the company said.TS Financial expects to recognize a disposal gain of about NT$959,128 from the transaction.Shares of the financial services provider were down 1% in recent trade.
TS Financial (TPE:2887) units Taishin Venture Capital Investment and Shin Kong Financial Venture Capital will merge as part of an internal restructuring, according to a Tuesday filing with the Taiwan Exchange.Taishin Venture Capital Investment will survive the merger, while Shin Kong Financial Venture Capital will be dissolved, effective Sept. 1.Under the deal, Taishin VC will issue about 132 million new shares, exchanging 0.8979 of its shares for each Shin Kong VC share.The merger is expected to improve the company's investment portfolio management, capital allocation and cash flow efficiency, the filing said.
TS Financial (TPE:2887) unit Shin Kong Life Insurance disposed of a property in Taipei's Zhongzheng District for NT$379 million, according to a Wednesday Taiwan Exchange filing.The transaction covers multiple residential units and parking spaces, including four households across several floors and a total of five parking spaces, sold to five individual buyers.The deal is expected to help the company boost its investment income, it said.
TS Financial (TPE:2887) unit Shin Kong Bank acquired the right-of-use of office space and parking facilities in Taipei, Taiwan, for NT$34.2 million, according to a Wednesday Taiwan Exchange filing.Shares slid about 1% in Thursday's midday trade.The five-year lease was signed with The Great Taipei Gas, the financial services provider said.
TS Financial (TPE:2887) reported a profit attributable to owners of NT$21 billion for the first quarter, according to a Thursday filing with the Taiwan Stock Exchange.Basic earnings per share came in at NT$0.82, while net interest revenue was NT$42.5 billion.The insurer did not disclose year-ago figures.
TS Financial (TPE:2887) posted a revenue of NT$17.2 billion in April, up 16% from the same month last year, according to a Thursday Taiwan Exchange filing.Cumulative revenue for the first four months of 2026 surged 138% annually to NT$65.2 billion from NT$27.4 billion a year earlier.The company did not provide further details in the filing.
TS Financial (TPE:2887) unit Shin Kong Venture Capital has approved the liquidation and dissolution of its unit, Lion Investment (Samoa), according to a Friday Taiwan Exchange filing.The move is aimed at streamlining the group's structure, facilitating the exit from the investment and improving capital efficiency.
