National Chengchi University Faces Setback: Supreme Court Upholds Legality of Acquiring AnTai Bank Yet Internal Strife Blocks Deal

The Supreme Court issued a statement on May 28, confirming the legality of National Chengchi University's acquisition of AnTai Bank. However, old shareholders expressed disappointment, stating, 'Delayed justice is not justice.'
This year, 14 financial holding companies recorded nearly 600 billion TWD in profits, with National Chengchi managing only 2.7 billion TWD, marking it as the smallest financial holding in the sector. Throughout its 23-year history, National Chengchi has made multiple attempts to expand through M&A, but faced repeated opposition from certain shareholders.
The 2021 acquisition attempt raised hopes among shareholders but was ultimately derailed by lawsuits from internal shareholders. The Naiss Group accused the acquisition process of violating financial holding laws, leading to numerous court battles. The Supreme Court, on May 27, sided with National Chengchi, but the dream of acquisition remains unfulfilled.
Now, National Chengchi stands alone in a competitive financial market, facing internal strife and obstacles to growth, leaving its future operations in question.