
Integral
Partner Group is pleased to announce the closing of a new investment in
Taipei on May 10th, 2006. Below please find the press
clipping announcing the strategic investment by Shinsei Bank of Japan (¡§Shinsei¡¨)
in Jih Sun Financial Holding Co. (¡§Jih Sun¡¨), a Taiwanese financial
holding company with two major subsidiaries, Jih Sun Securities Co.
(¡§Securities¡¨) and Jih Sun International Bank (¡§Bank¡¨). Shinsei will
invest NT$ 11.34 billion (equivalent to US$360 million) in Jih Sun,
representing a 31.8% stake.
Integral Partner Group arranged
this deal, working with Jih Sun on its restructuring needs and future
strategic directions, finding appropriate strategic and investment
partners, and introducing Shinsei to Jih Sun. Integral Partner Group
will be the only private equity firm allowed to invest along side with
Shinsei due to the role we played in bringing the deal together.
Integral Partner Group will invest NT$0.66 billion (equivalent to US$21
million and 1.85% stake) in Jih Sun.
Jih Sun will raise a total of
NT$12.0 billion new capital with two thirds common shares and one third
preferred shares. Through this investment, Shinsei is expected to
provide its operational know-how and enhance Jih Sun¡¦s capital base to
improve Jih Sun¡¦s competitive position and growth prospects in the
regional financial markets.
Integral Partner Group
(O)+886 2 2778 1658
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News Link :
Shinsei Bank buys into Jih Sun Financial (Taipei Times; 2006/5/11)
Shinsei Bank To Take 31.8% Stake In Taiwan Jih Sun Financial (Dow Jones; 2006/5/10)
News Link 3: Shinsei Bank inks pact for strategic investment in Taiwan (Kyodo News; 2006/5/10)
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