INSURANCE companies, like most financial institutions in this country, are tempting targets because they are a licensed business, which by implication means they are not easy to come by. Furthermore, it is perceived as a major coup if an entrepreneur, never mind that he already owns a sprawling business empire, manages to grab a financial entity and add that to his stable of achievements.
Therein lies the most attractive asset in Maika Holdings Bhd’s stable – its 74% owned Oriental Capital Assurance Bhd (OCA).
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