Sinopac Financial Holdings Co Ltd (2890.TW)
18 Aug 2017
TAIPEI Taiwan's financial watchdog will not approve Sinopac Financial Holdings' $340 million sale of its U.S. unit to Cathay General Bancorp unless Sinopac submits the necessary paperwork, a source with the regulator said.
* Regulator won't approve unless more paperwork submitted -source
TAIPEI, June 16 Sinopac's $340 million sale of its U.S. unit to Cathay General Bancorp will not be approved by the Taiwan financial regulator if Sinopac does not submit additional satisfactory paperwork to the watchdog, a source with the regulator said.
TAIPEI, May 25 Taiwan stocks rose for a fourth session on Thursday as investor sentiment was bolstered by gains in overseas markets, led by tech heavyweights such as TSMC and Hon Hai Precision Industry.