Foreign insurance listings off?


PETALING JAYA: Plans by overseas insurers to list their Malaysian units in order to comply with foreign ownership rules here, appear to be off.

This comes as Singaporean insurance giant Great Eastern Holdings Ltd said that it has decided instead on the option of making a contribution to the B40 Health Protection Fund, which was announced in the recent Malaysian Budget.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , insurance , limit

Next In Business News

Energy shock ripples through the economy
Locked-in feed costs an advantage for Teo Seng Capital
Deleum’s RM2.5bil order book to fuel growth
Select consumer stocks to ride out cost volatility
CelcomDigi poised to remain as market leader
Asset monetisation to bolster IOIPG dividends
Zetrix, CAICT’s Astron unveil blockchain-AI trust layer
5E Resources eyes growth from B15 policy push
Tuju Setia bags�RM359mil residential job
Malaysia augments chip ecosystem amid uncertainty

Others Also Read