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FSC approves Taishin bid for Prudential's local unit


FSC approves Taishin bid for Prudential’s local unit
END OF VOTING RIGHTS:
The sale of Taishin Financial Holding Co’s shares in Chang Hwa Bank would end its decades-long management dispute with the Ministry of Finance
By Kao Shih-ching / Staff reporter
The Financial Supervisory Commission (FSC) has approved Taishin Financial Holding Co’s (台新金控) application to acquire Prudential Life Insurance Co of Taiwan (保德信人壽), after it committed to selling all of its shares in Chang Hwa Bank (CHB, 彰化銀行) to fund the acquisition and to inject capital into the life insurer, the commission said yesterday.
Taishin Financial later announced that it would sell its CHB shares within six years and would not nominate new CHB board members or exercise its voting rights in the state-run bank’s board elections, ending its decades-long management dispute with the Ministry of Finance. ....

T Ai Pei , Chang Hwa , Zhanghua Xian , Chang Yu Hui , Kelson Wang , Welch Lin , Chang Hwa Bank , Insurance Bureau Deputy , Banking Bureau , Prudential Life Insurance Co , Taipei Times , Taishin Financial Holding Co , Financial Supervisory Commission , Kao Shih Ching , Taishin Financial , Prudential Life Taiwan , Banking Bureau Chief Secretary Phil Tong , Life Taiwan , The Taipei Times , டி ஐ பேய் , சாங் ஹ்வா , சாங் யூ ஹுய் , கெள்சொன் வாங் , வெல்ச் லின் , சாங் ஹ்வா வங்கி , காப்பீடு பணியகம் துணை ,

《TAIPEI TIMES》 FSC approves Taishin bid for Prudential's local unit - 焦點


根據「電腦網路內容分級處理辦法」修正條文第六條第三款規定,已於網站首頁或各該限制級網頁,依台灣網站分級推廣基金會規定作標示。 台灣網站分級推廣基金會(TICRF)網站:http://www.ticrf.org.tw
《TAIPEI TIMES》 FSC approves Taishin bid for Prudential’s local unit
The entrance of Taishin Financial Holding Co’s headquarters is pictured in Taipei on May 23, 2019.
Photo: Kelson Wang, Taipei Times
2021/06/02 03:00
END OF VOTING RIGHTS: The sale of Taishin Financial Holding Co’s shares in Chang Hwa Bank would end its decades-long management dispute with the Ministry of Finance
By Kao Shih-ching / Staff reporter
The Financi ....

T Ai Pei , Chang Hwa , Zhanghua Xian , Chang Yu Hui , Kelson Wang , Welch Lin , Chang Hwa Bank , Insurance Bureau Deputy , Banking Bureau , Prudential Life Insurance Co , Taipei Times , Taishin Financial Holding Co , Financial Supervisory Commission , Kao Shih Ching , Taishin Financial , Prudential Life Taiwan , Banking Bureau Chief Secretary Phil Tong , Life Taiwan , Iberty Times Net , டி ஐ பேய் , சாங் ஹ்வா , சாங் யூ ஹுய் , கெள்சொன் வாங் , வெல்ச் லின் , சாங் ஹ்வா வங்கி , காப்பீடு பணியகம் துணை ,