SHIN KONG FINANCIAL HOLDING CO LTD (REG S) - Issue of Equity

Oct 12, 2009 (PR Newswire Europe via COMTEX) -- SKFHF | Quote | Chart | News | PowerRating -- e>Company code: 2888 No: 1 Subject: SKFH announces Board resolution on conditions related to the capital increase through the issuance of 500 million common shares To which item it meets--article 2 paragraph xx: 49 Date of events: 2009/10/06 Contents: 1. Date of occurrence of the event: 2009/10/06 2. Company name: Shin Kong Financial Holding Co., Ltd. 3. Relationship to the Company (please enter "head office" or "affiliate company"): Head office 4. Reciprocal shareholding ratios: N/A 5. Cause of occurrence: A. To fund a capital increase, the Company resolved to issue 500 million common shares (face value: NT$10 per share). The case was approved by the Securities and Futures Bureau of the Financial Supervisory Commission, Executive Yuan per document Jin-guan-jheng-fa-zih No. 0980048409, dated October 2, 2009. B. To conduct related matters of the capital increase, conditions of the issuance of common shares are confirmed as follows: (1) Issue price: Issue price is set at NT$10.6 per share in accordance with stipulations in Article 6 of "Self-regulation Measures for Underwriters Providing Guidance to Companies in Raising and Issuing Negotiable Securities" of Taiwan Securities Association. (2) Total monetary amount of the issue: NT$5.3 billion (3) Number of shares issued: 500 million common shares (4) Number of shares distributed: 15% of the total number of shares issued will be reserved for employee subscription (including employees of subsidiary, according to stipulations in Article 30 of the Financial Holding Company Act). 75% will be reserved for existing shareholders, and 10% will be made available for public subscription. If there are fractional shares for existing shareholders, the shares may be collectively subscribed or consolidated and allocated to a single shareholder. The Chairman is authorized to allocate fractional shares or shares relinquished by existing shareholders and employees to specific counterparties. (5) Share subscription ratio: 51.1151 shares per thousand shares. (If, subsequent to the share issue, the amount of outstanding shares in circulation is affected by conversion of convertible bonds or transfer of treasury share for employee subscription, the share subscription ratio shall be adjusted based on the actual number of shares on the subscription record date.) (6) Subscription record date: November 5, 2009 (7) Book closure date: November 1, 2009 to November 5, 2009 (8) Suspension of conversion of overseas convertible bonds: October 12, 2009 to November 5, 2009 (9) Payment date for existing shareholders and employees: November 6, 2009 to December 7, 2009 (10) Payment date for specific counterparties: December 8, 2009 to December 9, 2009, extendable if needed. (11) Record date for capital increase: December 10, 2009. The Chairman is authorized to make adjustments in case of any changes. 6. Countermeasures: N/A 7. Any other matters that need to be specified: The Chairman is authorized to handle any related matters not mentioned herein. END

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