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Corporate News

DRB-Hicom's Uni.Asia Capital sells insurer for RM374.52mil

KUALA LUMPUR: DRB-Hicom Bhd's subsidiary Uni.Asia Capital Sdn Bhd had disposed of its entire 68.1% stake in Uni.Asia General Insurance Bhd for RM374.52mil.

It said on Wednesday Uni.Asia Capital had signed a sale and purchase agreement with Spain's Liberty Seguros, Compania de Seguros y Reaseguros, S.A. to dispose of the stake.

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