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Hong Leong in talks to sell life insurance stakes to Khazanah
Published Tue, Jul 19, 2016 · 09:50 PM
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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 able to augment its portfolio of strategic assets.
A research head said of …
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