Date of announcement 2015/04/28
Time of announcement 19:25:21
Date of events 2015/04/27
Statement
1.Date of occurrence of the event:2015/04/27
2.Company name:China Development Financial Holding
Corporation
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):head office
4.Reciprocal shareholding ratios:N/A
5.Name of the reporting media:N/A
6.Content of the report:N/A
7.Cause of occurrence:
On April 27th 2015, the FSC approved CDIB's capital
reduction of NT$36 billion to CDF.
(1)Use of the funds :
To subscribe the private placed common shares of KGI Bank.
(2)Expected benefits:
(I)To establish the professional division in commercial
banking and venture capital industry, it will benefit in
improving the overall performance of the financial industry.
(II)It will benefit in strengthening the business scale
and market ranking of the commercial bank.
(III)The resources of the CDF will be allocated effectively.
(Ⅳ)The overall return of CDF will be more stably.
8.Countermeasures:N/A
9.Any other matters that need to be specified:None