First Financial Asset Management Merges Four Entities to Boost Scale and Competitiveness

Four asset management firms—First Securities Investment Trust, Mega International Investment Trust, Hua Nan Investment Trust, and Taiwan Cooperative Investment Trust—announced on October 18 that they will simultaneously convene board meetings on October 22 to review and approve a "four-in-one" merger plan. Under the proposed transaction, First Securities Investment Trust, which holds a majority stake, will serve as the surviving