UK-based insurer Prudential Plc announced in a statement that it plans to raise HKD 22.5bn ($2.9bn) via a share sale in Hong Kong. The company plans to offer 130.8mn shares at an offer price of no more than HKD 172 per share, representing at most 5% of the...
Prudential Plc reported H1 adjusted operating profits of $1.57bn, up 22% YoY. The insurer’s annual premium equivalent sales in Asia and Africa increased 21% to $2.08bn, and new business profits grew 29% to $1.57bn. Along with the results, the company said that they...