Andrew Tjaardstra

FWD Group eyes HK$4bn as Hong Kong IPO closes today

Mubadala Capital is anchoring FWD Group’s Hong Kong IPO with a US$150 million investment, as the insurer looks to raise around US$500 million in a deal led by Morgan Stanley and Goldman Sachs.
June 26, 2025

Jetstar Asia to close at end of July

The loss-making Singapore-based airline, 49% owned by Qantas, has been hit by supplier costs, airport fees, aviation charges, and growing capacity and competition in the region; Qantas, which has been impacted by Cyclone Alfred, said Singapore remains a "critical hub".
June 12, 2025

Sir Mark Tucker to return to AIA

The outgoing chairman of HSBC is set to start in October to replace AIA's non-exec chairman Edmund Sze-Wing Tse, who is retiring from his position after 60 years at the life insurer.
June 06, 2025