Reported 7 months ago
Yuanta Financial Holding held a shareholders' meeting on June 14, 2024, where they approved the 2023 annual business report, financial statements, dividend distribution, and long-term fund raising. They also passed a resolution to amend the company's articles of association, changing the company name to 'KGI Financial Holding Co., Ltd.' to further integrate the group's brand identity and create a more comprehensive brand synergy. Since the decision to change the name in late April, the stock price has risen by over 20% by the meeting date, demonstrating a clearer brand recognition and gaining investor approval for long-term development synergy. The company plans to continue enhancing brand recognition and business efficiency to attract more market and shareholder recognition, accelerate group-wide development, and create more value for shareholders.
Source: YAHOO