CDF announced that Fair Trade Commission does not prohibit the combination between CDF and China Life Insurance Co., Ltd.

2017-08-23
Announcements

Date of announcement  2017/08/23
Time of announcement  17:23:46
 
Date of events   2017/08/23  To which item it meets paragraph 38
Statement  1.Date of occurrence of the event:2017/08/23
2.Cause:
(1) The tender offer made by CDF to acquire 25.33% of
common shares of China Life Insurance Co., Ltd.
(“China Life”) is subject to the condition that Fair
Trade Commission (“FTC”) expresses no objection to the
proposed combination and other condition. The
application has been submitted to FTC on July 14, 2017
for approval and CDF has provided supplemental
information to FTC on July 26, 2017 in accordance with
FTC's request. After reviewing such supplemental
information, the FTC has confirmed that it has accepted
the application on July 26, 2017 based on the complete
application documents so submitted by CDF in
accordance with Paragraph 7 of Article 11 of the Fair
Trade Act as per FTC's letter dated August 2, 2017
(Reference No. Gong-Fu-1061260767).
(2) According to the press release published on the
official website of FTC on August 23, 2017, the FTC has
resolved that the combination between CDF and China
Life is not prohibited.
3.Countermeasures:
The tender offer made by CDF to acquire common shares
of China Life will continue until 3:30pm on September
6, 2017. Shareholders of China Life who intend to
participate in the tender offer may bring their
securities passbooks and authorized chop specimen
to the securities brokers where the accounts were
opened to make the tendering. To inquire further
information, please contact the tender offer agent
President Securities Corp. at 02-2746-3797, or
check the website http://www.pscnet.com.tw/.
4.Any other matters provided by the Securities and Futures Bureau,
  Financial Supervisory Commission:N/A

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