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RISE Education Cayman (NASDAQ:REDU) Shares Set to Reverse Split on Friday, June 10th

RISE Education Cayman Ltd (NASDAQ:REDU – Get Rating) shares are scheduled to reverse split before the market opens on Friday, June 10th. The 1-5 reverse split was announced on Friday, June 10th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, June 10th. Shares of REDU opened at […]

RISE Education Announces ADS Ratio Change

/PRNewswire/ RISE Education Cayman Ltd ("RISE" or the "Company") (NASDAQ: REDU) today announced its plan to change the number of the Company s shares.

Taiwan Life to boost unit s capital due to virus payout

Taiwan Life Insurance Co (台灣人壽) is considering injecting capital into its subsidiary CTBC Insurance Co (中國信託產險), as the unit has been paying out about NT$5 million (US$168,294) per day in compensation for COVID-19 claims, parent company CTBC Financial Holding Co (中信金控) told an investors’ conference in Taipei yesterday. The amount of the injection has not been finalized, as the number of claims affecting CTBC Insurance’s financial strength would change as the government changes its disease prevention measures, such as the isolation rules, CTBC Financial spokeswoman Chiu Ya-ling (邱雅玲) said. The cash injection would not reduce Taiwan Life’s capital adequacy too much, Chiu

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