FWD is the insurance business of investment group, Pacific Century Group. Photo: Shutterstock
exclusive | Hong Kong insurer FWD to drop New York IPO for hometown bourse
  • FWD will raise more than US$1.4 billion in a private share placement to global investors including Apollo, CPPIB, Swiss Re and Siam Commercial Bank
  • The Hong Kong insurer plans to sell shares in the city in the first half of 2022, dropping its listing plan in New York, a source said
14 Dec 2021 - 3:16PM