Fubon Financial Announces Board Resolution for Capital Increase from Retained Earnings and Issuance of New Shares by Fubon Insurance Brokers (Philippines) Co., Ltd.
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Fubon Financial announced that the board of Fubon Insurance Brokers (Philippines) Co., Ltd. resolved to issue new shares through a capital increase from retained earnings. This capital increase, totaling 30,000,000 Philippine Pesos and 300,000 common shares, aims to expand business development.