FWD files to list in Hong Kong, as Richard Li completes the switch of his insurer’s stock sale from New York
Published
Feb 28 2022 at 2:33 PM GMT
Key
Points
Points
- FWD Group, the Hong Kong-based insurer backed by tycoon Richard Li Tzar-kai, filed a draft prospectus to list its shares on the city’s exchange, as it pressed on with switching its initial public offering from New York to its hometown bourse.
- FWD, which ranked within the top-three insurers in Thailand and the Philippines, has now taken a step closer to a Hong Kong share sale.
- It usually takes at least six months for a new issuer to obtain all the approvals and clearance from Hong Kong’s exchange….
Trending
Stats
- Published Feb 28, 2022 2:33 PM GMT