TPE:2889

3 stories mentioning TPE:2889Updated just now

Every FINWIRES story that references TPE:2889, newest first.

IBF Financial's Associate Concludes Recapitalization

IBF Financial's (TPE:2889) associate, Rakuten International Commercial Bank, completed a capital reduction and a simultaneous capital increase, according to a Monday filing with the Taiwan Exchange.The financial holding company's 49% associate reduced its paid-in capital to about NT$7.22 billion, which lifts its net worth per share to an expected NT$9.70.Meanwhile, following the issuance of around 277.9 million shares via a private placement, raised around NT$2.78 billion, thus restoring the paid-up capital to NT$10 billion.

TPE:2889

Asia21d ago

IBF Financial Unit Elects New Chairperson

IBF Financial's (TPE:2889) subsidiary, International Bills Finance elected Chang Chao-Shun as its new chairperson, effective July 20, according to a same-day filing with the Taiwan Exchange.Chang will succeed Chi-Lin Wea, the financial services company said.

TPE:2889

Asia48d ago

IBF Financial Raises NT$2.78 Billion Via Private Placement

IBF Financial (TPE:2889) unit Rakuten International Commercial Bank completed a NT$2.78 billion private placement, issuing 277.9 million new shares at NT$10 each, according to a Monday Taiwan Exchange filing.The capital increase was fully subscribed by existing shareholders through the 2026 cash injection exercise.The move is part of routine capital strengthening, the company said.

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