Brief: Shin Kong Financial Holding unit to raise stake in Cathay Financial Holdings to 12.3 pct from 0 pct

Shin Kong Financial Holding Co

02/12/2016 08:19

Dec 2 (Reuters) - Shin Kong Financial Holding Co Ltd 
 2888.TW : 
      
      
    * Says it will buy 102.7 million A special shares of Cathay 
Financial Holdings for T$6.16 billion 
    * Says the co will raise stake in Cathay Financial Holdings 
to 12.3 percent from 0 percent after the stake acquisition 
     
     
    Source text in Chinese:https://goo.gl/cH9PWd 
    Further company coverage: 2888.TW  
 
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