Fubon Financial: Announced by Fubon FHC on behalf of Fubon Hyundai Life Insurance Co., Ltd., the purchase of BRV Lotus Fund III, LP (Cayman)



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Provided by: Fubon Financial Holding Co., Ltd.

SEQ_NO

2

Announcement date

2021/11/18

Announcement time

17:46:30

Topic

 Announced by Fubon FHC on behalf of
Fubon Hyundai Life Insurance Co., Ltd., the buying of
BRV Lotus Fund III, L.P. (Cayman)

Date of events

2021/11/18

What element he answers

paragraph 24

Declaration

1.Name and nature of the underlying security (if preferred shares, the terms
and conditions of issuance shall also be indicated, e.g., dividend yield):
BRV Lotus Fund III, L.P. (Cayman)
private fund
2.Date of occurrence of the event: 2021/11/18
3.No., unit price, and monetary amount of the transaction:
Nil.; Nil.; USD 20,000,000
4.Counterparty to the trade and its relationship to the company (if the
trading counterparty is a natural person and not a related party of the
company, its name is not required to be disclosed):
BRV Lotus International Limited;NIL
5.Where the counterparty to the trade is a related party, an announcement
shall also be made of the reason for choosing the related party as trading
counterparty and the identity of the previous owner, including its
relationship with the company and the trading counterparty, the price of the
ownership transfer, and date of transfer:NA
6.Where the owner of the underlying securities within the past five years
has been a related party of the company, an announcement shall also include
the dates and prices of acquisition and disposal by the related party and
its relationship with the company at the time:NA
7.Matters related to the creditor��s rights currently being disposed of
(including type of collateral of the disposed creditor��s rights; if the
creditor��s rights are creditor��s rights over a related party, the name of
the related party and the book amount of such creditor��s rights currently
being disposed of must also be announced):NA
8.Profit (or loss) from the disposal (not applicable in cases of acquisition
of securities) (where originally deferred, the status or recognition shall
be stated and explained):NA
9.Terms of delivery or payment (including payment period and monetary
amount), restrictive covenants in the contract, and other important
stipulations:
Based on the agreement;based on agreement;based on agreement
10.The manner in which the current transaction was decided, the reference
basis for the decision on price, and the decision-making unit:
Commitment on private fund;
The decision is followed by the authorization procedure of the company
11.Net worth per share of company of the underlying securities acquired or
disposed of:NA
12.The discrepancy between the reference price of private placement company
and the transaction amount per share is 20 percent or more:NA
13.Current cumulative no., amount, and shareholding ratio of the securities
being traded (including the current transaction) as of the date of
occurrence and status of any restriction of rights (e.g.,pledges):
Fubon Financial Holding:Nil.;
Fubon Life:Nil.;
Fubon Hyundai Life: Nil;USD 20,000,000; estimated percentage: 2.42%;Nil
14.Privately placed securities (including the current transaction) as a
percentage of total assets of the company and shareholder��s equity of the
parent company on the latest financial statements, and the operating capital
on the latest financial statements as of the date of occurrence:
Holding: 2.65%; 3.15%;NA
15.Broker and broker's fee:NA
16.Concrete purpose or use of the acquisition or disposition:
In compliance with the Insurance Law, the legal use of the insurance fund
17.Whether the directors expressed any objection to the present transaction:NA
18.Whether the trading counterparty is a related party:No
19.Date of approval by board of directors:NA
20.Recognition date by supervisors or approval date by audit committee:NA
21.Whether the CPA issued an opinion on the unreasonableness of the current
transaction:No
22.Name of the CPA firm:Holdwell CPA Firm
23.Name of the CPA:Chia-Yi, Lai
24.License no.of the CPA:The Certificate of Financial Supervisory Commission,
R.O.C.(Taiwan) (VI) No.4408
25.Any other matters that need to be specified:NIL

Disclaimer

Fubon Financial Holdings Co. Ltd. published this content on November 18, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on November 18, 2021 10:01:05 AM UTC.

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Sales 2021 510B
18 343 million
18 343 million
Net income 2021 130B
4,693 million
4,693 million
Net debt 2021 12 667 million
456 million
456 million
PER 2021 ratio 6.68x
Yield 2021 4.46%
Capitalization 951B
34 199 million
34,224 million
VE / Sales 2021 1.89x
VE / Sales 2022 1.85x
Number of employees 44,461
Free float 56.4%

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Tendencies Bullish Bullish Bullish

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Average consensus SURPASS
Number of analysts 13
Last closing price

TWD76.10

Average price target

NT $ 71.35

Spread / Average target -6.24%


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