12.08.2014 - Mega Financial attracts interest of sovereign funds
Several foreign sovereign funds have voiced an interest in investing in Mega Financial Holding Co, attracted by the state-run conglomerate’s stable profitability, company chairman Mckinney Tsai said. Sovereign funds from Canada, Singapore, Norway, Malaysia and Abu Dhabi have all expressed an interest, with some having paid three visits, Tsai said. That would give the bank-focused group the necessary capital to acquire peers at home and abroad, in line with its aim to grow into a regional player, Tsai said..........................................Full Article: Source
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