Fubon Financial Holding Co Ltd to Discuss Tender Offer of Common Shares of Jih Sun Financial Holding Co Ltd Call Transcript
Thank you for standing by and welcome to Fubon Financial's Investors Conference Call regarding the tender offer for the common shares of Jih Sun Financials. (Operator Instructions)
This call is being recorded. If you have any objections, you may disconnect at this time.
Now I'll hand the call over to your host, Ms. Amanda Wang, IR Officer of Fubon Financial Holdings. You may begin.
Thank you. Welcome, everyone, and thank you for joining the conference call today. I'm Amanda Wang from Fubon's Investor Relations. We would like to update you that Fubon's announcement of its Board of Directors that has resolved a resolution last Friday to launch a tender offer to purchase over 50% and up to 100% of the outstanding common shares of Jih Sun financial Holdings. At a price of TWD 13 per common share in cash. The expected total over value is TWD 49 billion in 100% translation case. And following the closing of the tender offer, Fubon Financial expects to further conduct a cash merger with recent
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