Brief: PICC Property And Casualty Announces Capital Increase In PICC Reinsurance
13/10/2023 11:08
Oct 13 (Reuters) - PICC Property and Casualty Co Ltd
2328.HK :
* CAPITAL INCREASE IN PICC REINSURANCE
* CO ENTERED INTO CAPITAL INCREASE AGREEMENT WITH PICC GROUP
AND
PICC REINSURANCE
* CAPITAL INCREASE IN PICC REINSURANCE SHALL BE RMB2 BILLION
* UNDER CAPITAL INCREASE, RMB980 MILLION SHALL BE
CONTRIBUTED BY
COMPANY
* RMB1.02 BILLION SHALL BE CONTRIBUTED BY PICC GROUP FOR
CAPITAL
INCREASE
Further company coverage: 2328.HK
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