Taiwan's financial regulator said it will make a decision on American International Group Inc's (AIG.N) sale of local unit Nan Shan Life Insurance Co in the first half of this year. The Financial Supervisory Commission (FSC) had asked Ruen Chen Investment, the group planning to buy Nan Shan Life, to submit all additional paperwork it requested by March 24, FSC Chairman Y.C. Chen said during a parliamentary session. "We will make a decision on the case by the end of the first half, hopefully sooner" Chen told legislators.
Source
