News eCin03 Aug 2018

Beleaguered life venture submits new capital restructuring plan

| 03 Aug 2018


Loss-making Shin Kong-HNA Life Insurance has announced that its two shareholders --Shinkong Life of Taiwan and the HNA Group of mainland China-- intend to carry out an equity transfer and increase the insurer's registered capital to order to meet the company's need for capital and to continue operations.

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