Taishin Financial Holding Co. Ltd.

08/10/2022 | Press release | Distributed by Public on 08/10/2022 03:13

Withdrawal of the Company’s suit against the Ministry of Finance for a declaratory judgment on the contractual relationship to manage Changhua Bank.

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Provided by: Taishin Financial Holding Co., Ltd.
SEQ_NO 1 Date of announcement 2022/08/10 Time of announcement 17:05:11
Subject 
 Withdrawal of the Company's suit against the
Ministry of Finance for a declaratory judgment on the
contractual relationship to manage Changhua Bank.
Date of events 2022/08/10 To which item it meets paragraph 51
Statement 
1.Date of occurrence of the event:2022/08/10
2.Company name:Taishin Financial Holding Co., Ltd.
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:
With reference to the dispute between the Company and Ministry of Finance
occurring in 2014, upon a consensus reached between the parties on its
settlement the Company has filed a notice of withdrawal with the Supreme
Court today, and the parties have also issued a joint statement.
6.Countermeasures:N/A
7.Any other matters that need to be specified:
The joint statement is published on the Company website
(https://www.taishinholdings.com.tw/tsh/).