Nien Hsing Announces Disposal of Shares in First Financial Holding
AI Summary (NQ-processed)
Nien Hsing has disposed of ordinary shares in First Financial Holding, receiving TWD 596.25 million. The gain from disposal amounts to TWD 93.82 million, aimed at securing operating funds.
AI Analysis
Frequently Asked Questions
Q: What was the purpose of Nien Hsing's share disposal?
A: To secure operating funds by selling shares in First Financial Holding.
Q: How much profit was made from the sale?
A: A gain of 93,815,745 TWD (approx. 938 million JPY) was recognized.
Q: Is there a relationship between Nien Hsing and First Financial?
A: No special relationship; it was an arm’s-length transaction.
Q: When did the disposal take place?
A: Transactions occurred between June 17 and June 23, 2026.
Q: What is the future financial strategy?
A: Continue strengthening liquidity to support stable operations.