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FWD Group targets $442m in Hong Kong IPO
The company will offer the shares at an indicative price of HK$38 per share, which values the company at HK$48.3bn ($6.15bn).
FWD Group, an insurer backed by Hong Kong's richest family, is joining the wave of companies flocking to tap the city's market. Gain insight on EQT, Krungthai Card and more in the latest Market Talks ...
INSURER FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion ($442.08 million) through a Hong Kong initial public offering (IPO), according to a regulatory filing on ...
Insurer will get a market value of HK$48.3 billion based on its IPO share price of HK$38, before an overallotment option.
Insurer will get a market value of HK$48.3 billion based on its IPO price of HK$38 each, before an overallotment option.