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Hong Kong’s FWD Group ups stake in Malaysian insurer

By Goh Thean Eu   
  • Asia
  • Global
  • Hong Kong
Hong Kong’s FWD Group Holdings Ltd now owns 70% of Malaysia’s FWD Takaful after acquiring a 21% stake in the Islamic insurer. The Employees Provident Fund, the largest pension fund in the Southeast Asian country, holds the other 30% st...

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