2883 KGI Financial Holding Announces Subsidiary's Disposal of CSMC Shares with Approx. TWD 191.7 Million in Gains
AI Summary (NQ-processed)
KGI Financial Holding (2883) announced that its subsidiary, China Development Venture Capital Co., Ltd., disposed of 1,953,000 shares of CSMC Products Corporation, realizing a gain of approximately TWD 191.7 million, as part of portfolio optimization.
AI Analysis
Frequently Asked Questions
Q: What is KGI Financial Holding?
A: A leading financial holding company in Taiwan, operating venture capital and asset management through subsidiaries.
Q: How much profit was made from the disposal?
A: Approximately TWD 191.7 million in gains from selling CSMC shares.
Q: How many shares were sold and at what price?
A: A total of 1,953,000 shares were sold at an average of TWD 156.18 per share.
Q: Was this a related-party transaction?
A: No, the counterparty is unrelated; it is not a related-party transaction.
Q: Does KGI still hold any CSMC shares?
A: Yes, 439,000 shares (0.068%) are still held with no restrictions.