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OCBC Wing Hang sells stake in insurer for HK$2.3 billion

Tuesday, March 21, 2017 - 05:50

Singapore

OCBC Bank on Monday announced that its wholly-owned subsidiary, OCBC Wing Hang Bank, has entered into a share sale agreement to sell its one-third stake in Hong Kong Life Insurance to private company First Origin International.

The consideration for the share sale is HK$2

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