News -Hong Kong :CIIH to acquire majority shareholding of Ming An
Source: Asia Insurance Review | Jul 2009
China Insurance International Holdings Co Ltd (CIIH), a Hong Kong-listed insurance conglomerate, is proposing to acquire an aggregate of 1.39 billion shares of Ming An (Holdings) Co Ltd, or 47.8% of Ming An’s issued shares, with a view of reaching economies of scale and enhancing its market competitiveness, according to media reports.
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