MAA can advance with disposal of Takaful arm


  • Banking
  • 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.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , MAA , Zurich , takaful

   

Next In Business News

FBM KLCI slips further at lunch break
Australia's central bank holds cash rate at 4.35%
Inflation in Japan's capital slows in November
China's Nov services activity accelerates on boost from new orders - Caixin PMI
Proton records 12,296 vehicle sales in November
2023 a year of headwinds for Malaysia's major commodities
KLK inks RM500mil sustainability-linked loan with Maybank
Ringgit opens slightly lower against US dollar
FBM KLCI tracks Wall Street losses
Trading ideas: UMW, HB Global, SCIB, Lambo Group, UmediC, Bioalpha, Kanger, EITA Resources

Others Also Read