FWD Group, an insurer backed by Hong Kong’s richest family, is joining the wave of companies flocking to tap the city’s ...

Insurer FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion ($442.08 million) through a Hong ...

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).

Insurer will get a market value of HK$48.3 billion based on its IPO price of HK$38 each, before an overallotment option.

On June 26, FWD Group announced its IPO details on the Hong Kong Exchange (HKEX). Offer price: FWD Group intends to offer 91,342,100 shares (subject to the over-allotment option) at an indicative ...

Insurer FWD Group plans to launch its Hong Kong initial public offering (IPO) to raise about $500 million as early as next ...

FWD Group is an insurance company based in Hong Kong. Founded in 2013 as the insurance arm of the Pacific Century Group, the company provides life and medical insurance, general insurance and employee ...

Outside of Hong Kong, FWD’s holding company, PCGI Intermediate, submitted a draft registration statement in June 2021 to the U.S. Securities and Exchange Commission for a $3 billion IPO.

FWD Group Holdings Ltd., an insurer backed by billionaire Richard Li, filed a fresh application for an initial public offering in Hong Kong. The insurer’s application, which was submitted to the ...

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, according to a regulatory filing on Thursday.

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 ...

FWD then targeted a Hong Kong IPO in 2022 but put those plans on hold due to volatile global financial markets at the time. Mr Li, the son of Hong Kong’s richest person Li Ka-shing, ...