TS Financial's (TPE:2887) subsidiary, Taishin International Bank, will complete its merger with Taiwan Shin Kong Commercial Bank on Jan. 1, 2027, according to a Wednesday filing with the Taiwan Exchange.
Following the merger, Taishin Bank will become the surviving entity and will issue new shares to Shin Kong Bank shareholders at an exchange ratio of 0.9505 Taishin Bank shares for each Shin Kong Bank Share.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.