1. Date of Event: June 22, 115

2. Company Name: First Commercial Bank Co., Ltd.

3. Relationship to Company (Please enter '本公司' or 'Subsidiary'): Subsidiary

4. Cross-shareholding Ratio: 100%

5. Reason for Occurrence: The board of directors of First Bank resolved to participate in the 'Corporate Investment in U.S. Financing Guarantee Initiative,' with an initial planned investment of USD 50 million.

6. Response Measures: Not applicable

7. Other Matters to be Disclosed (If the subject of the event or resolution is a publicly issued company or above, this major information also qualifies as a matter under Article 7, Paragraph 9, Item 9 of the Enforcement Rules of the Securities and Exchange Act that significantly affects shareholders' rights or securities prices):

(1) In alignment with government policy, provide financial services for enterprises investing in the U.S., creating diversified business opportunities.

(2) Participate in the 'Corporate Investment in U.S. Financing Guarantee Mechanism' to secure financing guarantee quotas and reduce credit risk.

(3) Actual details shall be subject to the formal contract upon signing.

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  • Source: PR Times
  • Category: Partnership