china life insurance co-adr (LFC) Key Developments
Seven Reportedly Express Interest In Clal Insurance
Jun 22 15
According to sources, seven foreign entities expressed initial interest in two weeks since the information room for the sale of Clal Insurance Enterprises Holdings Ltd. (TASE:CLIS) was opened. The potential bidders, mostly private equity funds and entities from China, have signed a confidentiality agreement. The next stage in the proceedings for the sale of controlling stake currently owned by IDB Development Corporation Limited will take place in mid-July when the non-binding bids will be submitted. CVC Capital Partners Limited, Warburg Pincus LLC, XIO Group, China Life Insurance Co. Ltd. (SEHK:2628), Cheyne Capital Management (UK) LLP, Tennenbaum Capital Partners, LLC and JT Capital Management Ltd. Aon Benfield and Citigroup Inc. (NYSE:C) are leading the sale and the deadline for submitting non-binding bids is mid-July.
China Life Insurance Co. Ltd. Announces Unaudited Premium Income Results for the Period from January 01, 2015 to May 31, 2015
Jun 11 15
China Life Insurance Co. Ltd. announced unaudited premium income results for the period from January 01, 2015 to May 31, 2015. For the period, the company's accumulated premium income was about RMB 198.4 billion.
China Life Insurance Opens First Singapore Branch
Jun 9 15
China Life Insurance opened first Singapore branch. The company's branch in the Republic, named China Life Insurance Singapore, will provide health insurance and renminbi wealth management, among other services.
China Life Insurance Co. Ltd. Announces 2014 Profit Distribution, with Payment Date on June 12, 2015
Jun 7 15
China Life Insurance Co. Ltd. announced 2014 profit distribution to be implemented at the rate of cash dividend of RMB 0.400 (tax included) per ten shares. Record date is June 11, 2015, ex-dividend date is June 12, 2015 and cash dividend payable date is on June 12, 2015.
China Life Insurance Co. Ltd. Presents at 3rd Annual Asia Investor Forum - London, Jun-08-2015
Jun 3 15
China Life Insurance Co. Ltd. Presents at 3rd Annual Asia Investor Forum - London, Jun-08-2015 . Venue: The May Fair Hotel, Stratton Street, Mayfair, London, W1J 8LT, United Kingdom.