BIZCHINA> Top Biz News
![]() |
Related
ICBC (Asia) to increase stake in Taiping Insurance
By Hu Yuanyuan (chinadaily.com.cn)
Updated: 2008-12-19 15:16 Industrial and Commercial Bank of China (Asia) will spend 70.96 million yuan ($10.36 million) to acquire a 4.52-percent stake of Taiping Insurance Company Ltd, betting on the growth potential of the mainland's insurance sector. Once the acquisition is completed, ICBC (Asia)'s stake in Taiping Insurance will increase to 12.45 percent, the bank said in a statement on Dec 18. The remaining shares are held by China Insurance Group and China Insurance International Holdings Company Ltd, who hold a 37.5-percent and 50.05-percent stake respectively. Headquartered in Shenzhen, Taiping Insurance had a registered capital of 1.3 billion yuan as of the end of June. (For more biz stories, please visit Industries)
|
主站蜘蛛池模板: 呈贡县| 民和| 清镇市| 西峡县| 扎囊县| 景东| 垫江县| 虹口区| 金阳县| 陕西省| 仲巴县| 奈曼旗| 行唐县| 苏尼特右旗| 西平县| 榕江县| 华宁县| 广安市| 桂东县| 武胜县| 慈利县| 沈丘县| 宁乡县| 青海省| 济阳县| 古交市| 依安县| 措勤县| 金山区| 故城县| 菏泽市| 昌平区| 建始县| 南宁市| 平凉市| 方正县| 云林县| 胶州市| 宣汉县| 蓬溪县| 德阳市|