Financial Sector (Shareholdings) Act 1998
Notice of Approval under Subsection 14(1) and Revocation under Subsection 18(3)
I, Josh Frydenberg, Treasurer, being satisfied that it is in the national interest, under subsection 14(1) of the Act, approve China Oceanwide Holdings Group Co., Ltd.
(中国泛海控股集团有限公司) and its associates mentioned in the attached Schedule, to:
• hold in the following financial sector companies:
– a 74% stake in the financial sector company Genworth Mortgage Insurance Australia Limited ABN 72 154 890 730;
– a 100% stake in the financial sector companies Genworth Financial Mortgage Insurance Pty Limited ABN 60 106 974 305 and Genworth Financial Mortgage Indemnity Limited ABN 55 001 825 725;
• under subsection 18(3) of the Act, revoke the approval previously granted on 8 March 2018 to China Oceanwide Holdings Group Co., Ltd.
(中国泛海控股集团有限公司) and its associates mentioned in the Schedule attached to that approval.
The approval takes effect from the date that Asia Pacific Global Capital USA Corporation merges with and into Genworth Financial, Inc. The approval remains in force indefinitely.
The revocation takes effect on the date this instrument is signed.
Dated: 26 November 2018
JOSH FRYDENBERG
Treasurer
SCHEDULE of associates
Zhiqiang Lu
Qiongzi Huang
Xiaoyun Lu
Tohigh Holdings Co., Ltd. (通海控股有限公司)
Oceanwide Group Co., Ltd. (泛海集团有限公司)
Oceanwide Energy Holdings Co., Ltd. (泛海能源控股股份有限公司)
Oceanwide Holdings Co., Ltd. (泛海控股股份有限公司)
Beijing Oceanwide Xinhua Real Estate Co., Ltd. (北京泛海信华置业有限公司)
Oceanwide Capital Investment Management Group Co., Ltd. (泛海资本投资管理集团有限公司)
Wuhan CBD Development & Investment Co., Ltd. (武汉中央商务区建设投资股份有限公司)
Asia Pacific Global Capital Co., Ltd. (亚太寰宇投资有限公司)
Asia-Pacific Universe Investment (Hong Kong) Limited (亚太寰宇投资(香港)有限公司)
Asia Pacific Insurance Holdings Limited (亚太保险控股有限公司)
Asia Pacific Global Capital Limited (亚太寰环球资本有限公司)
Asia Pacific Insurance USA Holdings LLC
Asia Pacific Global Capital USA Corporation
Tohigh Holdings Development Limited
Tonghai International Group Investment Limited