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Hong Leong in talks to sell life insurance stakes to Khazanah

Mr Quek is widely admired for being able to extract maximum value for his assets.

Kuala Lumpur

ANALYSTS see a win-win if Hong Leong Financial Group Bhd (HLFG) and Khazanah Nasional successfully conclude talks for Hong Leong's life insurance business: the Quek Leng Chan-controlled company gets to unlock value for shareholders, while the state investment company will be