Brief: State-Run Mega Financial Says It Has Raised T$11.55 Bln Via Rights Issue

Mega Financial Holding Co

25/01/2024 08:10

Jan 25 (Reuters) - Mega Financial Holding Co Ltd
 2886.TW :
    * SAYS IT HAS RAISED T$11.55 BILLION ($370.2 MLN) VIA RIGHTS
ISSUE
    * SAYS HAS PRICED THE SHARE SALE AT T$33 EACH
    * SAYS PROCEEDS PROCEEDS FROM ITS FIRST SHARE SALE IN 8
YEARS WILL
BE USED TO PAY DOWN DEBT, STRENGTHEN FINANCIAL POSITION, AND
INVEST IN INSURANCE UNIT

Source text for Eikon:  ID: 
Further company coverage:  2886.TW 

 (Reporting by Faith Hung)
 ((faith.hung@thomsonreuters.com;))