Etiqa in final leg of merger


PETALING JAYA: Etiqa Insurance Bhd, the largest Malaysian composite insurer and takaful operator, has reached the final stage of its merger, transferring the businesses, assets and liabilities of Mayban Life Assurance Bhd to the company effective today.

In a statement, it said the merger that started in 2005 would allow Etiqa to be more focused in expanding its business, both organically and inorganically.

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