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E. Sun plans to purchase stake in Cambodian bank

E. Sun Commercial Bank (玉山銀行), the banking arm of E. Sun Financial Holding Co (玉山金控), yesterday announced plans to buy a 70 percent stake in Phnom Penh, Cambodia-based Union Commercial Bank PLC (UCB) for US$69.33 million to facilitate its expansion into Southeast Asia. “We decided to ...

http://www.taipeitimes.com/News/biz/archives/2013/03/23/2003557740

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