TAIPEI, Taiwan, Dec 9 (Bernama) -- Taishin Financial Holding and Shin Kong Financial Holding completed their merger on November 24, with their asset management subsidiaries—Taishin Securities Investment Trust Co. and Shin Kong Investment Trust Co.—becoming the first units to finalize integration. The surviving entity, Taishin Securities Investment Trust Co., now manages NT$530 billion in assets, ranking ninth in Taiwan and targeting NT$1 trillion in AUM.
The new board elected Lai Chao-yin (賴昭吟) as chairwoman. With nearly 30 years at the company, Lai said she will focus on integrating resources, recruiting talent, and developing innovative, market-aligned products. She emphasized strengthening discretionary investment services and believes the merger will accelerate progress toward becoming a trillion-dollar asset manager.
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial