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Taishin briefs FSC on new plan to buy Prudential

Taishin Financial Holding Co Ltd (台新金控) has briefed the Financial Supervisory Commission (FSC) on a tentative plan to sell new shares to raise funds for the acquisition of Prudential Life Insurance Co of Taiwan (保德信人壽).
While the company has yet to formally apply for FSC approval of the share sale plan, the share sale seems to have a few advantages over previous plans, Banking Bureau Chief Secretary Phil Tong (童政彰) told a videoconference on Tuesday.
Since last year, the commission has rejected several fundraising plans proposed by Taishin Financial due to fuzzy feasibility and unclear financial arrangements.
Under the new plan, Taishin Financial ....

Chang Hwa , Zhanghua Xian , Shih Chiung Hwa , Chang Hwa Commercial Bank Ltd , Taiwan Stock Exchange , Chang Hwa Commercial Bank , Insurance Bureau , Banking Bureau , Prudential Life Insurance Co , Taishin Financial Holding Co , Financial Supervisory Commission , Taishin Financial Holding Co Ltd , Taishin Financial , Kao Shih Ching , Financial Holding Co Ltd , Banking Bureau Chief Secretary Phil Tong , Daan District , Insurance Bureau Director General Shih Chiung Hwa , Prudential Life Taiwan , The Taipei Times , சாங் ஹ்வா , சாங் ஹ்வா வணிகரீதியானது வங்கி லிமிடெட் , டைவாந் ஸ்டாக் பரிமாற்றம் , சாங் ஹ்வா வணிகரீதியானது வங்கி , காப்பீடு பணியகம் , வங்கி பணியகம் ,