ASEAN Finance / Fubon Reinsurance (Labuan) Plans Cash Capital Increase of USD 2 Million
Fubon Financial Holdings announced that its Malaysian reinsurance subsidiary, Fubon Reinsurance (Labuan) Sdn. Bhd., will conduct a cash capital increase of USD 2 million by issuing 2 million new shares. This move aims to support business development and strengthen its capital structure, with the original shareholder fully subscribing.
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- 📰 Published: April 10, 2026 at 22:34
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Fubon Financial Holdings announced today that its wholly-owned Malaysian reinsurance company, Fubon Reinsurance (Labuan) Sdn. Bhd., has resolved at a board meeting to conduct a cash capital increase, issuing 2 million new shares at USD 1 per share, for a total scale of USD 2 million.
Fubon Reinsurance (Labuan) is wholly invested by Fubon Insurance and began operations in Malaysia in early 2024, marking Fubon Insurance's fifth overseas subsidiary.
Fubon Reinsurance (Labuan) stated that the purpose of this capital increase is to respond to business development and strengthen its capital structure, and it will be fully subscribed by the original shareholder. 1150410
Fubon Reinsurance (Labuan) is wholly invested by Fubon Insurance and began operations in Malaysia in early 2024, marking Fubon Insurance's fifth overseas subsidiary.
Fubon Reinsurance (Labuan) stated that the purpose of this capital increase is to respond to business development and strengthen its capital structure, and it will be fully subscribed by the original shareholder. 1150410