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

2021-01-20
Announcements

Date of announcement 2021/01/20
Time of announcement 17:51:23
Date of events 2021/01/20
To which item it meets paragraph 38

Statement
1.Date of occurrence of the event:2021/01/20
2.Cause:The tender offer made by CDF to acquire 21.13% of common shares of China Life Insurance Co.,Ltd. (“China Life”) is subject to the condition of obtaining the FTC’s clearance of not prohibiting the combination between CDF and China Life. According to the press release published on the official website of the FTC on January 20, 2021, 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 February 2, 2021.Shareholders of China Life who intend to participate in this tender offer may complete the tendering procedure through counter, telephone, or electronic (internet) as stated in the tender offer prospectus. To inquire further information, please contact the tender agent, President Securities Corp., at 02-2746-3797, or check the website http://www.pscnet.com.tw/.
4.Any other matters stipulated by the SFB:None

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