KUALA LUMPUR: MPHB Capital Bhd
has proposed to dispose its 49% stake in Multi-Purpose Insurans Bhd (MPIB) to Generali Asia N.V. for RM355.8mil.
MPHB Cap said its wholly owned subsidiary, Multi-Purpose Capital Holdings Bhd (MPCHB), had entered into a conditional share purchase agreement with Generali Asia for the proposal.
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