WebRichard Li of Pacific Century Group formed FWD Group in 2013 after purchasing ING Group’s insurance and pension units in Hong Kong, Macau and Thailand for US$2.1 billion. Swiss Re bought a 12.3% stake in FWD Group in 2013 for $425 million. Huynh Thanh Phong joined as CEO in 2013. The company then expanded into the Philippines in 2014 … WebMar 1, 2024 · Hong Kong billionaire Richard Li’s FWD Group Holdings Ltd. filed for an initial public offering in the city, joining a growing cohort of companies that are rerouting their fundraising plans to ...
Richard Li
WebJun 17, 2024 · Richard Li attends the Milken Institute Global Conference in Los Angeles, California. Jonathan Alcorn/Bloomberg. Hong Kong tycoon … WebMar 22, 2024 · Time may be on Richard Li’s side. The tycoon is preparing to list his $9 billion Asian insurer FWD in his home city of Hong Kong after three false starts, including … medical tests for funsies
Tycoon Richard Li Insurer FWD Files for $2 Billion U.S. IPO
WebDec 14, 2024 · FWD Group, the Hong Kong-based insurer backed by tycoon Richard Li Tzar-kai, will drop its New York listing plan to sell shares on its hometown exchange, a … Richard Li Tzar-kai is a Hong Kong businessman and philanthropist. The founder and chairman of the private investment group Pacific Century Group (PCG), Li started his career in the 1990s with the founding of STAR TV, a pan-Asian television network. After founding PCG in 1993, he went on to establish PCCW and HKT Trust. In 2010, PCG acquired the asset management business of AIG Investments and renamed it to Pi… WebJun 17, 2024 · HONG KONG, June 17 (Reuters) - Hong Kong tycoon Richard Li's insurer FWD said it has lodged an application to regulators for an initial public offering (IPO) in the United States. The company did ... medical tests for cash