Mercuries Life Insurance Company Ltd. announced a non-brokered private placement of 307,950,000 shares at a price of TWD 5.2 for gross proceeds of TWD 1,601,340,000 to returning investor Mercuries & Associates Holding, Ltd. on November 2, 2022. Mercuries & Associates Holding, Ltd. invested to retain a stake of 36.62% in the company. The transaction is approved by the board of directors of the company.