Tokio Marine Newa Insurance Co., Ltd. announced a private placement of 305,203,207 common shares at a price of TWD 10 per share for the aggregate gross proceeds of TWD 3,052,032,070 on May 11, 2023. The transaction will include participation from returning investor Yulon Finance Corporation. The transaction has been approved by the board of directors of the company.
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- Tokio Marine Newa Insurance Co., Ltd. announced that it expects to receive TWD 3.05203207 billion in funding from Yulon Finance Corporation