MAA can advance with disposal of Takaful arm


  • Banking Premium
  • Saturday, 30 Apr 2016

Tunku Ya’acob: ‘The PN17 classification was designed for companies that are in trouble. We are not in trouble.’

The move is likely to get company out of PN17

MAA Group Bhd, which has been having funding issues despite being cash-rich, may have finally found a reprieve with the sale of its Takaful arm, MAA Takaful Bhd.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , MAA , Zurich , takaful

   

Next In Business News

CPO futures forecast to trade with downside bias next week Premium
Proposed telco merger outside MyCC's purview, CEO says Premium
Portugal's EDP betting on floating solar farms in Southeast Asia Premium
Oil price rises more than 2% as supply outages outweigh recession fears Premium
Wall St Week Ahead-Investors brace for pivotal July after dismal first half Premium
Thai Airways aims for 2024 completion of restructuring Premium
Labour issues dominate businesses Premium
Education needs to be realigned to meet industry demand Premium
Short Position - Who will helm MPOA next?, Shorter is not better, Large-scale solar mess Premium
GST net collection may not be as high as thought Premium

Others Also Read