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Apex Ace Holding Ltd. ( (HK:6036) ) has provided an update.
Apex Ace Holding Limited’s indirect wholly owned subsidiary AVTI has subscribed to a key man life insurance policy on 5 January 2026 with HSBC Life, paying an initial single premium of US$3.5 million for a whole-of-life policy on 70-year-old Mr. Lee, with AVTI named as both policyholder and beneficiary. The transaction, which offers a mix of guaranteed cash value and non-guaranteed returns, is classified as a discloseable transaction under Hong Kong listing rules due to its size, and is accompanied by a facility arrangement imposing specific performance obligations on the controlling shareholder, underscoring the company’s use of key man insurance and financing structures to manage risk and comply with regulatory requirements.
The most recent analyst rating on (HK:6036) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Apex Ace Holding Ltd. stock, see the HK:6036 Stock Forecast page.
More about Apex Ace Holding Ltd.
Apex Ace Holding Limited, incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, operates through subsidiaries including AVTI, which engages in corporate financial and risk management activities such as arranging insurance coverage for key personnel.
Average Trading Volume: 419,166
Technical Sentiment Signal: Sell
Current Market Cap: HK$446.2M
For detailed information about 6036 stock, go to TipRanks’ Stock Analysis page.