GraceKennedy Financial Group Limited made a tender offer to acquire an additional 65% stake in Key Insurance Company Limited (JMSE:KEY) on January 20, 2020. As a result of the offer, GraceKennedy Financial Group Ltd., intends to increase its stake in Key Insurance Company Limited to not more than 80%, so that Key Insurance Company Limited will remain listed on the the Junior Market. The offer will open for acceptance by Key Insurance’s shareholders on January 27, 2020 and end on February 17, 2020. GraceKennedy Financial Group Limited completed the acquisition of an additional 65% stake in Key Insurance Company Limited (JMSE:KEY) on March 2, 2020.