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Singapore Life secures US$7.3M investment from Hong Kong-based Ion Pacific

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Singapore Life secures US$7.3M investment from Hong Kong-based Ion Pacific

Ion Pacific Ltd. has made a US$7.3 million investment in Singapore Life Pte. Ltd., a move that gives the Hong Kong-based company exposure to Southeast Asia's life insurance market, Deal Street Asia reported.

Aflac Inc. and Standard Life Aberdeen PLC also joined the latest round of funding, according to the report.