AIA suspends shares as AIG commences potential sale
The board of directors of AIA Group has requested that trading in the shares of the company on the Hong Kong Stock Exchange be suspended after AIG started a potential sale by placing a "significant proportion" of the shares held by AIG.
AIA said in a statement that the firm was informed by AIG that it has commenced a potential sale. AIG currently holds 13.69% of AIA's outstanding ordinary shares.
"The company believes that it is in
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