Hong Leong Fin scouts for acquisitions

Hong Leong Financial Group Bhd, the Malaysian banking and insurance group controlled by billionaire Quek Leng Chan, is seeking acquisitions in emerging markets as it aims to triple its assets and profits in five years. The group, which has a 20 per cent stake in China's Bank of Chengdu Co and a banking license in Vietnam, is looking for targets in countries including Thailand and Indonesia ...

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Source: Business Times

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