Khazanah Eyes Stake in Hong Leong Assurance

Posted on 07/18/2016

Malaysia’s Khazanah Nasional is analyzing a bid to buy a 70% stake in Hong Leong Assurance Berhad and a 65% stake in Hong Leong MSIG Takaful Berhad. The seller would be Hong Leong Financial Group Berhad, which is controlled by billionaire Quek Leng Chan, one of the wealthiest men in Malaysia. The transaction value could […]

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