FilingReader Intelligence
China Pacific Insurance abolishes supervisory board, raises HK$1.5bn
July 30, 2025 at 10:39 AM UTC•By FilingReader AI
China Pacific Insurance Group will abolish its supervisory board, transferring functions to its audit committee, pending shareholder and regulatory approval.
The company also approved a capital increase of up to HK$1.5 billion for its Hong Kong subsidiary and nominated two new independent non-executive director candidates.
An extraordinary general meeting will be held in 2025 to vote on the proposals.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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