Cathay Financial Holding Co Ltd (2882.TW)
17 Jan 2017
* Says its unit Cathay Century Insurance was imposed fine of T$600,000, due to its violation of related insurance Law
HONG KONG, Sept 25 China Cinda Asset Management Co said on Sunday it would issue $3.2 billion of non-cumulative perpetual offshore preference shares to replenish its additional tier-1 capital.
BRIEF-Cathay Financial unit acquires up to $300 mln worth of Cinda Asset Management's US$ preference shares
* Says insurance unit acquires up to $300 million worth of China Cinda Asset Management's dollar-denominated offshore preference shares
* Says its China insurance unit has obtained approval to begin operations at its Sichuan branch
* Says it plans to issue shares to raise T$35-50 billion($1.11-1.59 billion)
TAIPEI, Aug 10 Taiwan stocks rose to a more-than-one-year high on Wednesday, with Cathay Financial Holdings leading financial shares higher for a second session.
MANILA, Aug 8 Cathay Life Insurance Co Ltd, a unit of Taiwan's Cathay Financial Holding Co Ltd, will continue supporting partly owned Philippine lender Rizal Commercial Banking Corp (RCBC), despite a penalty imposed by the country's central bank over RCBC's role in a $81 million cyber-heist.