More than 11,000 people have signed a petition calling on authorities to stop a cull of hamsters launched after evidence emerged of the first possible animal-to-human transmission of Covid-19 in Hong Kong. The surprise announcement on Tuesday also left some residents scrambling to buy enough food for their animals after some pet shops closed early for deep cleaning, while an.
Finance, insurance sector s real-estate stake climbs taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.
Shin Kong Life, one of Taiwan s biggest life insurers, is expected to post a gain of CNY428m ($66.3m) on the disposal of its remaining 25% stake in a loss-making life joint venture in mainland China.
The gain is expected to be booked by the Taiwanese insurer in its financial statements for this year.
Shin Kong Financial Holdings, the parent company of Shin Kong Life, disclosed the news on 29 June.
The board of directors of Shin Kong Life approved the sale of its 312.5m shares (25% equity) in Bejing-based Dingcheng Life.
The deal amounts to CNY462.5m, with the sale price being CNY1.48 per share. The buyer is the Wuxi-headquartered conglomerate Hodo Group. The sale is pending the approval of the CBIRC for it to be completed.
This tracker covers possible deals reported by media across Asia-Pacific over a certain period. The information is gathered from various news sources, excludes confirmed deals and is limited to potential acquisitions or sales involving companies or operations in the region. Click here to read the previous month s report.
Australia and New Zealand emerged as bright spots for potential deals in Asia-Pacific s financial sector in March, as Westpac Banking Corp. kicked off a review of its New Zealand business and suitors lined up for the potential purchase of Commonwealth Bank of Australia s general insurance business.
Westpac, Australia s third-largest bank by assets, said it was considering a possible demerger of its New Zealand business as part of its review concerning an appropriate structure for the business. The bank s March 24 announcement came after the New Zealand central bank flagged concerns over Westpac New Zealand Ltd. s risk governance processes and required it to commiss