Mercuries Life Insurance Company Ltd. announced a private placement of 73,232,000 common shares at a price of TWD 5.05 per share for the gross proceeds of TWD 369,821,600 on March 16, 2023. The transaction will include participation from returning investor Mercuries & Associates Holding, Ltd. retaining 34.23% stake in the company. The transaction has been approved by the board of directors of the company.