Brief: Taiwan's CTBC: Our Offer Reflects Shin Kong's Value

CTBC Financial Holding Co

28/08/2024 07:54

Aug 28 (Reuters) - Shin Kong Financial Holding Co Ltd
 2888.TW :
    * TAIWAN'S CTBC: WILL GET REGULATORY APPROVAL BEFORE BUYING
SHIN
KONG STOCKS IN THE MARKET IN ACQUISITION BID
    * TAIWAN'S CTBC: WILL FOCUS ON GETTING REGULATORY APPROVAL
FOR NOW
    * TAIWAN'S CTBC: OUR OFFER REFLECTS SHIN KONG'S VALUE
    * TAIWAN'S CTBC: EXERCISING GREAT CAUTION IN ACQUISITION BID
FOR
SHIN KONG EVEN WITHOUT YET DOING DUE DILIGENCE
    * TAIWAN'S CTBC: IF SUCCESSFUL IN ACQUIRING SHIN KONG, OUR
SIZE
WILL EXCEED THAT OF STANDARD CHARTERED, SINGAPORE'S UNITED
OVERSEAS BANK

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 (Reporting by Ben Blanchard)
 ((ben.blanchard@thomsonreuters.com;))