Ping An Denies Funding Thai Tycoon’s Purchase of Its Shares

Ping An Denies Funding Thai Tycoon’s Purchase of Its Shares – Fox, December 23, 2012
…A report published Saturday on the website of Caixin’s Century Weekly magazine said that only a third of the funding for the first phase of the sale came from Charoen Pokphand’s subsidiaries, with the rest from three Chinese banks controlled by a local investor named Xiao Jianhua. Mr. Xiao owns stakes in a number of listed Chinese companies, the report said…

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3 Responses to Ping An Denies Funding Thai Tycoon’s Purchase of Its Shares

  1. Wiz says:

    Even though Ping An denying that Ai Maew DOES involve in the arrangement to allow Alliance CP to take over Ping An Life Insurance .. but the evidence saying otherwise. No wonder, Ai Maew is able to go to China via CP Connections to mobilize another around of UDD meeting at Bonanza Ranch at Pak Chong (near Khao Yai), Khorat
    http://www.manager.co.th/China/ViewNews.aspx?NewsID=9550000155890

  2. Wiz says:

    CP gone mad after the news about taking over Ping An Life Insurance from HSBC at 9.4 Billion Dollars (287 billion Baht) as the way to hiding the assets of Wen Jia Bao has been leaked … CP insisting that the the reason why CP has become shareholders on Ping An Life Insurance is to help the economic development of Mainland China
    http://www.prachachat.net/news_detail.php?newsid=1356402164&grpid=03&catid=00&subcatid=0000

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