2004 July Monthly Highlights

Yuanta Q1 2004 Earnings Release

2004 July Monthly Highlights 

  Investment Banking
 

The global market continued to decline in the first half of 2003 due to the conflict in Iraq and the breakout of Severe Acute Respiratory Syndrome (SARS) in Asia. However, the market started to recover in the second half of the year when corporations worldwide posted outstanding returns. Even without the synergy of a Financial Holding Company, Yuanta Core Pacific was able to post an outstanding performance in a volatile and competitive market all because of its commitment to excellence, long standing relationship with its institutional investors, innovative financial products and its widedistribution channel, nationally and globally.
  • Yuanta was lead manager for 23 Initial Public Offerings (IPO), Secondary Public Offerings (SPO) and Convertible Bonds (CB), with a market share of 9.35%. Total funds raised amounting to NT$13.7 billion with market share at 10.49%.
  • Yuanta was lead manager for 8 Europe Convertible Bonds (ECB) deals with total funds raised amounting to US$375 million.
  • Yuanta advised on 6 Merger & Acquisition and Divestiture cases with a market share of 17.24%,
  • In Emerging Markets, Yuanta Core Pacific assisted 37 corporations to reach a combined trading volume of NT$5.3 billion.
  • Yuanta was lead manager for 17 and co-led 11 corporate and financial bond deals, , with a total amounting to NT$39.6 billion with a market share of 9.19%.


Yuanta Core Pacific provides quality and complete Registrar and Transfer Agent services to stockholders by actively expanding its business scope. Yuanta has branches in Hsinchu, Taichung and Kaohsiung servicing 64 TSE listed companies, 46 OTC listed companies, 13 companies in Emerging Markets and 124 unlisted companies with around 2 million shareholders.


Registrar and Transfer Agent services have always been perceived as labor intensive and supplementary to the core businesses, but Yuanta has turned this situation around. Yuanta Core Pacific developed in conjunction with Syspower and TaiCA Corporation to launch the "E-Vote Online Voting System", promoting electronic voting and cyber stockholders¡¦ meeting, and this has made an important contribution to better corporate governance. Furthermore, Yuanta Core Pacific has one of the largest distribution channels and the highest market share, which is a niche for Yuanta when soliciting written proxies for its clients.