Welcome!
Home Hong Kong Life Insurance
M&A
OCBC Wing Hang Bank aborts sale of 33.3% stake in Hong Kong Life Insurance
SINGAPORE (Oct 1): Oversea-Chinese Banking Corporation (OCBC Bank) says the sale of its 33.33% stake in Hong Kong Life Insurance has been terminated.
October 01, 2018
Broker's Calls
This bank is divesting its non-core businesses and investing in wealth management
SINGAPORE (June 28): UOB KayHian is maintaining its ‘buy’ call on Oversea-Chinese Banking Corporation (OCBC) with a target price of $11.70.
June 28, 2017
Broker's Calls
One-time gain for OCBC from stake sale expected but O&G worries remain
SINGAPORE (March 21): RHB says OCBC’s sale of its 33.33% stake in Hong Kong Life Insurance to First Origin International could provide the bank with a one-time gain of HK$1.574 billion ($283 million).
March 21, 2017
OCBC Wing Hang Bank sells 33.33% stake in Hong Kong Life Insurance for $426 mil
SINGAPORE (March 20): Oversea-Chinese Banking Corporation (OCBC Bank) announced that its wholly owned subsidiary, OCBC Wing Hang Bank has entered into an agreement to sell its 33.33% stake in the capital of Hong Kong Life Insurance to First Origin Interna
March 20, 2017
OCBC could stand to gain in contest for Hong Kong Life Insurance
SINGAPORE (March 6): A battle is brewing between Yue Xiu Group and a consortium including China UCF Group to acquire Hong Kong Life Insurance, one of the last remaining independent insurance companies left in the former British colony.
March 06, 2017