Oversea-Chinese Banking Corporation Limited (SGX:O39) agreed to acquire a performing loans portfolio from Taipei Fubon Commercial Bank Co., Ltd. on October 20, 2015. The transaction was approved by the internal processes of Bank under the loan agreement. The Directors of Fubon Financial Holding Co., Ltd. (TSEC:2881), parent of Taipei Fubon Commercial Bank do not have any objection to the deal. Oversea-Chinese Banking Corporation Limited (SGX:O39) cancelled the acquisition of a performing loans portfolio from Taipei Fubon Commercial Bank Co., Ltd. on October 20, 2016.