Allianz General Insurance Malaysia Bhd has sold its 1.192 million shares, or 53% stake, in MBA Insurance Sdn Bhd in Brunei to GHK Holdings Sdn Bhd for RM4.16mil cash.
The company said in a statement that the sale was part of its strategy to consolidate its business to be based in Malaysia.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
