SinoPac Financial public share subscription opens with estimated upside of nearly NT$25,000

SinoPac Financial Holdings (2890) is set to launch a public subscription tied to its listed capital increase, with a subscription price of NT$35.15 and a reference market price of NT$43.5. Based on one subscription lot of three board lots, the estimated potential profit for a successful allotment is about NT$24,980, implying a return of roughly 24%. The article explains how Taiwan’s public subscription system works, why investors join these offerings, and what costs and risks they need to consider before applying. Investors must submit applications through their brokerage platform during the subscription window from Nov. 5 to Nov. 9. Before the pre-debit date on Nov. 10, the settlement account must hold NT$105,520, covering the payment for 3,000 shares plus a NT$20 processing fee and NT$50 mailing fee. Results will be announced on Nov. 11. Funds for unsuccessful applicants will be returned on Nov. 12, with the NT$20 fee deducted, while allotted shares are scheduled to be credited to custody accounts on Nov. 19.