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Wooribank announces merger with shareholder and change of top shareholder

Wednesday, 19 Nov 2014 01:58am EST

Wooribank:The company has merged with its shareholder WooriFinance Holdings Co.,Ltd who was holding 100 pct stake of the company.The company is survive and WooriFinance Holdings Co.,Ltd is dissolved.Shareholder of WooriFinance Holdings Co.,Ltd, Korea Deposit Insurance Corporation, is holding 59.97 pct stake of the company after the merger and becomes top shareholder of the company.

Intesa Sanpaolo SpA Management Board approves merger by incorporation of Adriano Finance 2 Srl into Intesa Sanpaolo SpA

Monday, 17 Nov 2014 07:40am EST

Intesa Sanpaolo SpA:Says that the Management Board has approved the merger by incorporation of Adriano Finance 2 Srl into Intesa Sanpaolo SpA.

Mibanco Banco de la Microempresa SA to transfer equity block from Edyficar SA

Thursday, 13 Nov 2014 09:54pm EST

Mibanco Banco de la Microempresa SA:To segregate and transfer equity block composed of assets and liabilities from Empresa Financiera Edyficar SA to Mibanco.To transfer total assets of 5.09 billion nuevos soles, liabilities of 4.04 billion nuevos soles.To reduce capital of Edyficar SA by 1.05 billion nuevos soles.Mibanco to convert its B line of shares without voting rights into ordinary shares with voting rights.

Housing Finance Ltd proposes transfer of its mortgage finance business to wholly owned subsidiary

Tuesday, 11 Nov 2014 07:00pm EST

Housing Finance Ltd:Announces that the company and the wholly owned subsidiary intend to enter into an asset transfer agreement (the Asset Transfer Agreement) in order to give effect to the transfer of the company’s MF Business to the wholly owned subsidiary (the Re-organization).Says the wholly owned subsidiary will be incorporated as a limited liability company with the company as the sole beneficial owner of its entire issued share capital.Says the company has obtained an approval from the Capital Markets Authority in Kenya (the CMA) authorizing the incorporation of the wholly owned subsidiary.Says the name of the company will be changed from “Housing Finance Company of Kenya Limited” to “HF Group Limited” to reflect its new status as a non-operating holding company.

Towa Bank Ltd to dissolve subsidiary

Thursday, 30 Oct 2014 03:30am EDT

Towa Bank Ltd:To dissolve a Gunma-based subsidiary engaged in business reconstruction assistance, in middle November.Liquidation expected to be completed in late February 2015.

Hana Financial announces merger of subsidiaries

Wednesday, 29 Oct 2014 12:28am EDT

Hana Financial Group Inc:Says its subsidiary, KOREA EXCHANGE BANK will merge with subsidiary, Hana Bank, to improve operating efficency and create synergy.Merge rate of 1 : 2.9707919 between KOREA EXCHANGE BANK and Hana Bank.652,977,567 new shares will be issued for the merge.Expected merger effective date of Feb. 1, 2015.KOREA EXCHANGE BANK will survive and Hana Bank will be dissolved after the merger.

VTB Bank OAO plans voluntary liquidation of subsidiary

Tuesday, 28 Oct 2014 11:46am EDT

VTB Bank OAO:Plans voluntary liquidation of its subsidiary Peterburg City OOO.The decision will be made in due order.

Taiwan Cooperative Financial Holding Co Ltd announces merger between subsidiaries

Tuesday, 28 Oct 2014 09:04am EDT

Taiwan Cooperative Financial Holding Co Ltd:Subsidiary Co-operative Assets Management Co., Ltd to merge with an asset management company on Dec. 1 and the asset management company will dissolve after merger.

China Construction Bank Corp to convert subsidiary license of China Construction Bank (Dubai) Limited into branch license

Thursday, 23 Oct 2014 08:00pm EDT

China Construction Bank Corp:To convert subsidiary license of China Construction Bank (Dubai) Limited (CCB Dubai) into branch license and Dubai Branch to fully take over the business operation of CCB Dubai.To change the registered capital of $100 million of CCB Dubai to the working capital of the Dubai Branch.

Intesa Sanpaolo SpA updates on merger by incorporation of Adriano Finance 2 Srl into Intesa Sanpaolo

Monday, 20 Oct 2014 06:57am EDT

Intesa Sanpaolo SpA:Says the Management Board of the Bank, at its meeting of July 15, approved the plan for the merger by incorporation of Adriano Finance 2 Srl into Intesa Sanpaolo, as well as the related explanatory report.Adriano Finance 2 Srl is a company wholly owned by the merging company.Says the merger plan was filed with the Torino Company Register on Oct. 20.Says the merger shall be submitted for approval to the Management Board of Intesa Sanpaolo.


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