BOC Hong Kong Holdings Ltd (2388.HK)
16 Mar 2018
* YUE YI HAS RESIGNED AS VICE CHAIRMAN, EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE
BEIJING, Nov 6 BOC Hong Kong Holdings Ltd , a unit of Bank of China Ltd, said on Monday it had agreed to acquire the Vietnamese and Philippine businesses from its parent for about $238 million, the latest step in the bank's restructuring in Southeast Asia.
* Entered agreement with Bank of China regarding transfer of Vietnam and Philippines business
* Acquisition of Cambodia business will take place on nov 6 as agreed in cambodia asset purchase agreement Source text for Eikon: Further company coverage:
BRIEF-BOC Hong Kong's 9-mth net operating income before impairment allowances HK$35.60 bln, up 14 pct
* In first nine months of 2017, group's net operating income before impairment allowances grew by 14.0% year-on-year