China Taiping: Taiping Property & Casualty Insurance considers increasing capital to Pacific Insurance by no more than 1.5 billion Hong Kong dollars or the equivalent in Renminbi.
China Pacific Insurance announced on the evening of July 30th that the board of directors had reviewed and approved the "Proposal on China Pacific Property Insurance Co., Ltd. Increasing its capital to China Pacific Insurance Co., Ltd.," agreeing that China Pacific Property Insurance Co., Ltd. would increase its capital to its wholly-owned subsidiary China Pacific Insurance Co., Ltd. by no more than HK$1.5 billion or the equivalent in RMB.
Latest