“We are not seeking to become Yili’s largest shareholder,” insisted Sunshine Insurance in a statement on Monday. Photo: AFP “We are not seeking to become Yili’s largest shareholder,” insisted Sunshine Insurance in a statement on Monday. Photo: AFP
“We are not seeking to become Yili’s largest shareholder,” insisted Sunshine Insurance in a statement on Monday. Photo: AFP

Sunshine Insurance denies takeover intentions after raising stake in Chinese dairy giant Yili

Insurer increases holding to 5pc, becoming Yili’s third largest shareholder after state-owned Hohhot Investment and Hong Kong Securities Clearing

“We are not seeking to become Yili’s largest shareholder,” insisted Sunshine Insurance in a statement on Monday. Photo: AFP “We are not seeking to become Yili’s largest shareholder,” insisted Sunshine Insurance in a statement on Monday. Photo: AFP
“We are not seeking to become Yili’s largest shareholder,” insisted Sunshine Insurance in a statement on Monday. Photo: AFP
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