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ACQ 2016-1

ALCO Subsidiary in Singapore

We are pleased to advise that ALCO Group acquired Kim Insurance Brokers Pte Ltd last year to meet the expanding business.

The Company name was officially changed to ALCO Insurance Brokers Pte Ltd on 27th March 2013. As the subsidiary of ALCO in Singapore, ALCO Insurance Brokers Pte Ltd will provide Insurance and Legal Consultants service to the clients from Singapore. 

This is the first foreign broker approved by MAS to acquire a local Singapore broker.