HK billionaire Li's FWD Group mulls Singapore dual-class IPO

HK billionaire Li's FWD Group mulls Singapore dual-class IPO

Billionaire Richard Li, chairman and chief executive officer of Pacific Century Group, arrives at a polling station for the chief executive election in Hong Kong, China, on Sunday, March 26, 2017. Photographer: Paul Yeung/Bloomberg

Hong Kong billionaire Richard Li’s FWD Group is considering listing in Singapore with a dual-class structure, as the insurer moves ahead with its initial public offering preparations, people with knowledge of the matter said.

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