Wang On Properties Buys Key Man Insurance Policy for US$4.85 Million

Reuters

2025/11/04

<a href="https://laohu8.com/S/01222">Wang On</a> Properties Buys Key Man Insurance Policy for US$4.85 Million

Wang On Properties Limited announced that its indirect wholly-owned subsidiary has completed the subscription of a key man insurance policy with Manulife, involving the placement of an initial single premium of approximately US$4.85 million (around HK$37.73 million). The transaction qualifies as a discloseable transaction under Hong Kong Stock Exchange rules.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wang On Properties Ltd. published the original content used to generate this news brief on November 04, 2025, and is solely responsible for the information contained therein.

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The transaction qualifies as a discloseable transaction under Hong Kong Stock Exchange rules.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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