Recent events

FWD Group to acquire 25% stake in Bolttech Insurance (Hong Kong) for US$20.72 million

On 10 October 2026, FWD Limited, a wholly-owned subsidiary of FWD Group Holdings Limited (1828.HK), entered into a sale and purchase agreement with Bolttech Discovery Holdings Limited to acquire 25% of the issued share capital of Bolttech Insurance (Hong Kong) Limited for a base consideration of US$20,720,000, subject to completion adjustments. As the seller is a wholly-owned subsidiary of bolttech Holdings, in which FWD's executive director and controlling shareholder Richard Li indirectly holds 30% or more interest, the transaction constitutes a connected transaction under HKEX Listing Rules Chapter 14A. Completion is subject to conditions including the Insurance Authority's approval and must occur within nine months of the agreement date.