Group 1 - The company, FWD Group, plans to globally offer 91.34 million shares, with 9.13 million shares available in Hong Kong and 82.21 million shares for international sale, at a price of HKD 38.00 per share [1] - The offering period is set from June 26 to July 2, 2025, with shares expected to start trading on July 7, 2025 [1] - Morgan Stanley and Goldman Sachs are the joint sponsors for the offering [1] Group 2 - FWD Group is a pan-Asian life insurance company founded in 2013 by Richard Li, aiming to become a leading insurance provider in Asia [2] - The company focuses on a customer-centric and technology-driven model, adapting to market trends and customer needs [2] - The total life insurance premium in the pan-Asian market is projected to grow from approximately USD 407 billion in 2023 to USD 579 billion by 2033, indicating significant market opportunities [2] Group 3 - The company has entered into cornerstone investment agreements, with cornerstone investors agreeing to purchase shares worth approximately USD 250 million (around HKD 1.95 billion) [3] - The total number of shares to be purchased by cornerstone investors is 51.32 million [3] - Key cornerstone investors include MC Management and T&D United Capital [3] Group 4 - After deducting underwriting commissions and estimated expenses related to the global offering, the company expects to net approximately HKD 2.953 billion from the offering [4] - The net proceeds will be used to enhance the capital levels under the insurance group regulatory framework and to provide growth funding for operational entities [4] - The funds will strengthen the company's capital, solvency, and core liquidity, establishing a capital buffer beyond statutory requirements [4]
富卫集团(01828.HK)预计7月7日上市 引入MC Management及TDUC作为基石
Ge Long Hui·2025-06-25 23:01