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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Generali | AQEU:GM | Aquis Europe | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.21 | -0.89% | 23.27 | 23.27 | 23.29 | 23.32 | 23.07 | 23.31 | 82,117 | 09:56:03 |
First Financial Holding Co. (2892.TW) sold NT$80 million worth of structured notes linked to General Motors Corp. (GM) to retail customers, the financial services provider said Wednesday.
The notes are principal-protected, so the investors won't suffer any losses, said Annie Lee, an investor relations official at First Financial, in a conference call.
Lee also said First Financial's planned capital injection of NT$3 billion into its wholly owned First Commercial Bank Co., the island's fifth-largest bank by assets, reflects concerns that the unit won't report "robust" results this year.
First Commercial's first-quarter net profit totaled NT$1.62 billion, down 54% from NT$3.53 billion a year earlier, mainly because of a sharp drop in fee income, the parent company said in a statement Wednesday.
Lee said First Financial is also looking to buy a brokerage firm. She declined to elaborate.
-By Perris Lee Choon Siong, Dow Jones Newswires; +8862-2502-2557; perris.lee@dowjones.com
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