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    CHIB: Investment House

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    The Bank approved an investment of up to 500 million pesos to establish a subsidiary called China Bank Capital Corporation, which will be an investment house. The Executive Committee approved the investment under authority from the Bank's Board of Directors, subject to regulatory requirements. The Vice President and Corporate Secretary of China Banking Corporation informed the Philippine Stock Exchange of this new subsidiary in a letter.

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    CHIB: Investment House

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    BusinessWorld
    26 views1 page
    The Bank approved an investment of up to 500 million pesos to establish a subsidiary called China Bank Capital Corporation, which will be an investment house. The Executive Committee approved the investment under authority from the Bank's Board of Directors, subject to regulatory requirements. The Vice President and Corporate Secretary of China Banking Corporation informed the Philippine Stock Exchange of this new subsidiary in a letter.

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    CHIB: Investment house

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    CHIB: Investment house

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    The Bank approved an investment of up to 500 million pesos to establish a subsidiary called China Bank Capital Corporation, which will be an investment house. The Executive Committee approved the investment under authority from the Bank's Board of Directors, subject to regulatory requirements. The Vice President and Corporate Secretary of China Banking Corporation informed the Philippine Stock Exchange of this new subsidiary in a letter.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    26 views1 page

    CHIB: Investment House

    Uploaded by

    BusinessWorld
    The Bank approved an investment of up to 500 million pesos to establish a subsidiary called China Bank Capital Corporation, which will be an investment house. The Executive Committee approved the investment under authority from the Bank's Board of Directors, subject to regulatory requirements. The Vice President and Corporate Secretary of China Banking Corporation informed the Philippine Stock Exchange of this new subsidiary in a letter.

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    of 1

    18 March 2015

    PHILIPPINE STOCK EXCHANGE, INC.


    3/F Philippine Stock Exchange Plaza
    Ayala Triangle, Ayala Avenue
    Makati City
    Attention:

    MS. JANET A. ENCARNACION


    Head, Disclosure Department
    -------------------------------------------

    Gentlemen:
    This is to inform the Exchange that the Executive Committee, by authority
    granted by the Board of Directors of the Bank, approved this afternoon the
    investment in an Investment House subsidiary, to be named as China Bank
    Capital Corporation, up to the amount of P500 Million, subject to the
    requirements of relevant regulatory agencies.
    Thank you.
    Very truly yours,

    ATTY. CORAZON I. MORANDO


    Vice President & Corporate Secretary

    CHINA BANKING CORPORATION


    8745 Paseo de Roxas corner Villar Street, Makati City, Philippines
    Tel Nos. 88-55555 Fax No. 815-3169
    www.chinabank.ph

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