President Securities Corporation acquired Chang Hwa Bank 109-2 from Chang Hwa Commercial Bank, Ltd. for TWD 2.4 billion.
President Securities Corporation (TSEC:2855) acquired Chang Hwa Bank 109-2 from Chang Hwa Commercial Bank, Ltd. (TSEC:2801) for TWD 2.4 billion on December 25, 2020. 240 units were acquired at a unit price of TWD 10 million. Payment is made in cash in a lump sum on the transaction date. The source of funds for the deal is operating income of President Securities.
President Securities Corporation (TSEC:2855) completed the acquisition of Chang Hwa Bank 109-2 from Chang Hwa Commercial Bank, Ltd. (TSEC:2801) on December 25, 2020.