Company Overview of Pacific Century Group Holdings Limited
Pacific Century Group Holdings Limited is a family office, primarily focusing on long/short activities. The firm specializes in technology, media and telecommunications, financial services, infrastructure, property, and other investments. Pacific Century Group Holdings Limited was founded in 1993 and is based in Central, Hong Kong.
38/F., Citibank Tower
3 Garden Road
Founded in 1993
852 2514 8888
852 2514 2902
Key Executives for Pacific Century Group Holdings Limited
Compensation as of Fiscal Year 2014.
Pacific Century Group Holdings Limited Key Developments
ING Seeks Partner
Aug 28 13
ING Life Insurance Company, Ltd. is seeking new partners. Under its new parent Pacific Century Group Holdings Limited, ING, which officially changed its name on august 28, 2013, FWD Life Insurance, plans to accelerate its revenue growth by acquiring new partners. FWD currently has two partners, TMB Bank and Krungthai Leasing. But the insurer wants to expand its partnership network to include affiliates of financial houses, said Chief Marketing Officer Aman Kapoor.
ING Group Mulls Sale Of Japanese Business
Aug 26 13
Pacific Century Group Holdings Limited is reportedly in talks to acquire the Japanese business of ING Groep NV (ENXTAM:INGA).
AMMB To Finalize Stake Sale In AmLife By June
May 17 13
AMMB Holdings Berhad (KLSE:AMBANK) intends to finalize stake sale in AmLife Insurance Berhad by June, 2013. Managing Director of AMMB, Ashok Ramamurthy stated that it is still in talks with interested international parties. He said: "We have a process in place and hopefully will conclude [the sale] by the first quarter of the current financial year, which is June 2013. As we get closer to an agreement, we will be in a better position to comment on it." It has been reported that MetLife, Inc. (NYSE:MET) and Manulife Financial Corporation (TSX:MFC) have expressed interest in acquiring up to 70% stake in AmLife. The stake is valued at about $350 million. Zurich Insurance Group AG (SWX:ZURN), Pacific Century Group Holdings Limited, ACE Limited (NYSE:ACE) and two Japanese insurers have also expressed interest in acquiring stake in AmLife.
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