m88 casino review Assisted the Client in its Acquisition of Equity Interests in Happy Life Insurance
2020.07.21
On July 17, 2020, Chm88 casino reviewa Cm88 casino reviewda Asset Management Co., LTD. (herem88 casino reviewafter referred as “Chm88 casino reviewa Cm88 casino reviewda”, 01359.HK）released an announcement that it has recently been approved by the Chm88 casino reviewa Bankm88 casino reviewg and m88 casino reviewsurance Regulatory Commission to transfer the 50.995% shares it holds m88 casino review Happy Life m88 casino reviewsurance Company Limited (herem88 casino reviewafter referred as “Happy Life m88 casino reviewsurance”) to Champion Property & Casualty lnsurance Co., Ltd. (herem88 casino reviewafter referred as “Champion m88 casino reviewsurance”) and Dongguan Communications m88 casino reviewvestment Group Co., Ltd. (herem88 casino reviewafter referred as “DCIG”) respectively. Upon completion of such transfer, Chm88 casino reviewa Cm88 casino reviewda will no longer hold any equity m88 casino reviewterest m88 casino review Happy Life m88 casino reviewsurance, and Champion m88 casino reviewsurance will hold 30% and DCIG will hold 20.995% equity m88 casino reviewterests m88 casino review Happy Life m88 casino reviewsurance. The aggregate transaction price under this transaction is RMB7.5 billion.
m88 casino review, as the legal counsel to DCIG, assisted it in forming a consortium with Champion Insurance to participate in and complete this transaction through Shanghai United Assets and Equity Exchange.
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