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Taiwan asset managers plan merger into First Securities

PRIVATEOct 22, 2026

Acquiring Company

First Financial Holding

Acquired Company

Hua Nan Financial Holdings Ltd

TaiwanTaipeiFinancial ServicesFinanceLendingFinancial ServicesFinanceLendingBanking

Description

First Financial, Mega Holdings, Taiwan Cooperative Financial Holding and Hua Nan Financial agreed on October 22, 2026 to combine their securities investment-trust businesses, with First Securities Investment Trust as the surviving company. The deal would be carried out through a share swap issuing 59,286,927 common shares, leaving Hua Nan with 9.5 percent of the combined company. The transaction still requires approval from Taiwan's Financial Supervisory Commission and Fair Trade Commission and targets completion on January 1, 2028.

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Company Information

Company

First Financial Holding

Location

Taiwan

About

First Financial Holding is a Taiwan financial holding company and the parent of First Securities Investment Trust. It would become the majority shareholder of the combined investment-trust business, holding 50.3 percent after the proposed share swap.

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Frequently asked

Who acquired Hua Nan Financial Holdings Ltd?

Hua Nan Financial Holdings Ltd was acquired by First Financial Holding, based in Taiwan. The deal was reported on October 22, 2026. First Financial Holding is a Taiwan financial holding company and the parent of First Securities Investment Trust. First Financial Holding is privately held and operates in Financial Services.

When did First Financial Holding acquire Hua Nan Financial Holdings Ltd?

First Financial Holding's acquisition of Hua Nan Financial Holdings Ltd was reported on October 22, 2026. First Financial, Mega Holdings, Taiwan Cooperative Financial Holding and Hua Nan Financial agreed on October 22, 2026 to combine their securities investment-trust businesses, with First Securities Investment Trust as the surviving company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Hua Nan Financial Holdings Ltd do?

Hua Nan Financial Holdings is a Taiwanese financial services group listed on the Taiwan Stock Exchange under ticker 2880. It operates in the banks segment and owns Hua Nan Investment Trust. The company is part of the TAIEX index. It is privately held, operating in Financial Services, and is based in Taipei.

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