<p>全球领先的代理咨询公司机构股东服务公司（ISS）上周四发布了一份报告，建议所有玉山金控（E.Sun FHC）股东在下周五的临时股东大会上投票支持收购三商美邦人寿（Mercuries Life Insurance Co）的提案。</p>
<p>ISS 是一个全球公认的中立研究机构，机构投资者在股东大会上投票时会咨询其意见。其研究方法和投票指南在国际上备受推崇，因此，ISS 的建议在塑造机构股东的投票决策中具有重要影响力。</p>
<p>在对交易数据和合规性进行深入分析后，ISS 表示，该收购在多个国际并购基准中展现出卓越的专业性。</p>
<p>ISS 表示，该交易具有深厚的战略合理性，预计将有效整合双方资源，扩大玉山金控在包括银行和保险在内的多元金融领域的影响力和盈利潜力。</p>
<p>报告还强调，交换比例为每股三商美邦人寿普通股换取 0.2486 股玉山金控普通股，经过独立第三方机构评估，符合推荐范围，代表了公平合理的价格。</p>
<p>对于反对收购的股东，提案提供了法定的异议权（股份回购请求）。这为股东选择和投资利益提供了退出机制。</p>
<p>外国机构投资者持有约 30% 的玉山金控股份，包括先锋集团（Vanguard Group Inc）、黑石集团（BlackRock Inc）、挪威银行（Norges Bank）和新加坡政府投资公司（GIC）等主要全球实体。ISS 的报告被视为全球基金的重要指标，预计将在外国股东中建立强大的共识。</p>
<p>自去年 11 月 5 日正式宣布收购以来，市场反应积极。截至上周二，玉山金控和三商美邦人寿的股价分别上涨了 11.2% 和 11.6%，均超过同期加权股价指数（TAIEX）8.7% 的涨幅。</p>
<p>玉山金控管理团队强调，将公司的稳定运营基础与三商美邦人寿的业务优势相结合，将创造出更具韧性和规模经济的金融控股公司。</p>
<p>玉山金控表示，邀请所有股东参加即将召开的临时股东大会。</p>
<p>董事长蔡崇信（Joseph Huang）和管理团队前往伦敦、香港和新加坡，与主要外国投资者会面并争取他们的支持。</p>
<p>蔡崇信表示：“随着资产管理和人寿保险组合的完成，玉山金控将正式进入 ‘FHC 2.0’ 时代。这不仅是玉山的扩展，更是我们管理理念的转变。随着规模、资本和盈利能力的提升，今天的 ‘台湾玉山’ 将成为明天的 ‘世界玉山’。”</p>

<p>机构股东服务公司（ISS）建议玉山金融控股公司的股东投票支持收购美商人寿保险公司。报告强调了交易的战略理由和公平的交换比例。ISS 的支持对机构投资者尤其重要，特别是持有玉山金融控股公司 30% 股份的外国投资者。市场反应积极，股价上涨。玉山金融控股公司旨在增强其运营基础，进入一个新的增长和转型时代</p>

<p>Institutional Shareholder Services (ISS), the world’s leading proxy advisory firm, on Thursday last week released a report recommending that all E.Sun Financial Holding Co (E.Sun FHC, 玉山金控) shareholders vote for the proposed acquisition of Mercuries Life Insurance Co (三商美邦人壽) at the extraordinary general meeting scheduled for Friday next week.</p>
<div class="lb-trans"><p>全球领先的代理咨询公司机构股东服务公司（ISS）上周四发布了一份报告，建议所有玉山金控（E.Sun FHC）股东在下周五的临时股东大会上投票支持收购三商美邦人寿（Mercuries Life Insurance Co）的提案。</p>
</div><p>ISS is a globally recognized neutral research institution that institutional investors consult when voting on resolutions at shareholder meetings. Its research methodology and voting guidelines are highly regarded internationally; consequently, an ISS recommendation carries significant weight in shaping the voting decisions of institutional shareholders.</p>
<div class="lb-trans"><p>ISS 是一个全球公认的中立研究机构，机构投资者在股东大会上投票时会咨询其意见。其研究方法和投票指南在国际上备受推崇，因此，ISS 的建议在塑造机构股东的投票决策中具有重要影响力。</p>
</div><p>In its in-depth analysis of the transaction data and regulatory compliance, ISS said that the acquisition demonstrates exceptional professionalism across several international mergers and acquisitions benchmarks.</p>
<div class="lb-trans"><p>在对交易数据和合规性进行深入分析后，ISS 表示，该收购在多个国际并购基准中展现出卓越的专业性。</p>
</div><p>ISS said that the transaction possesses deep strategic rationale, and is expected to effectively integrate the resources of both parties, expanding E.Sun FHC’s footprint and profit potential across diversified financial sectors, including banking and insurance.</p>
<div class="lb-trans"><p>ISS 表示，该交易具有深厚的战略合理性，预计将有效整合双方资源，扩大玉山金控在包括银行和保险在内的多元金融领域的影响力和盈利潜力。</p>
</div><p>The report also highlights that the exchange ratio — 0.2486 shares of E.Sun FHC common stock for every share of Mercuries Life Insurance common stock — was appraised by independent third-party institutions and falls within the recommended range, representing a fair and reasonable price.</p>
<div class="lb-trans"><p>报告还强调，交换比例为每股三商美邦人寿普通股换取 0.2486 股玉山金控普通股，经过独立第三方机构评估，符合推荐范围，代表了公平合理的价格。</p>
</div><p>For shareholders who dissent from the acquisition, the proposal provides a statutory right of dissent (share buyback request). That provides an exit mechanism that safeguards shareholder choice and investment interests.</p>
<div class="lb-trans"><p>对于反对收购的股东，提案提供了法定的异议权（股份回购请求）。这为股东选择和投资利益提供了退出机制。</p>
</div><p>Foreign institutional investors hold approximately 30 percent of E.Sun FHC, including major global entities such as Vanguard Group Inc, BlackRock Inc, Norges Bank and GIC. The ISS report is viewed as a key indicator for global funds and is expected to build strong consensus among foreign shareholders.</p>
<div class="lb-trans"><p>外国机构投资者持有约 30% 的玉山金控股份，包括先锋集团（Vanguard Group Inc）、黑石集团（BlackRock Inc）、挪威银行（Norges Bank）和新加坡政府投资公司（GIC）等主要全球实体。ISS 的报告被视为全球基金的重要指标，预计将在外国股东中建立强大的共识。</p>
</div><p>Since the formal announcement of the acquisition on Nov. 5 last year, the market has responded favorably. As of Tuesday last week, the share prices of E.Sun FHC and Mercuries Life Insurance have risen by 11.2 percent and 11.6 percent respectively, outperforming the TAIEX’s gain of 8.7 percent over the same period.</p>
<div class="lb-trans"><p>自去年 11 月 5 日正式宣布收购以来，市场反应积极。截至上周二，玉山金控和三商美邦人寿的股价分别上涨了 11.2% 和 11.6%，均超过同期加权股价指数（TAIEX）8.7% 的涨幅。</p>
</div><p>E.Sun FHC’s management team emphasized that combining the company’s stable operational foundation with Mercuries Life Insurance’s business advantages would create a financial holding company with greater resilience and economies of scale.</p>
<div class="lb-trans"><p>玉山金控管理团队强调，将公司的稳定运营基础与三商美邦人寿的业务优势相结合，将创造出更具韧性和规模经济的金融控股公司。</p>
</div><p>E.Sun FHC said it invites all shareholders to participate in the upcoming extraordinary general meeting.</p>
<div class="lb-trans"><p>玉山金控表示，邀请所有股东参加即将召开的临时股东大会。</p>
</div><p>Chairman Joseph Huang (黃男州) and the management team traveled to London, Hong Kong and Singapore to meet with major foreign investors and secure their support.</p>
<div class="lb-trans"><p>董事长蔡崇信（Joseph Huang）和管理团队前往伦敦、香港和新加坡，与主要外国投资者会面并争取他们的支持。</p>
</div><p>“With the completion of the asset management and life insurance portfolio, E.Sun FHC will officially enter the ‘FHC 2.0’ era,” Huang said. “This is not just an expansion of E.Sun’s footprint, but a transformation of our management philosophy. With the enhancement of our scale, capital and profitability, E.Sun — which is ‘Taiwan’s E.Sun’ today — will become ‘the World’s E.Sun’ tomorrow.”</p>
<div class="lb-trans"><p>蔡崇信表示：“随着资产管理和人寿保险组合的完成，玉山金控将正式进入 ‘FHC 2.0’ 时代。这不仅是玉山的扩展，更是我们管理理念的转变。随着规模、资本和盈利能力的提升，今天的 ‘台湾玉山’ 将成为明天的 ‘世界玉山’。”</p>
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ISS 报告建议股东投票支持玉山银行收购 Mercuries