PETALING JAYA: Tune Protect Group Bhd (TPG) said its unit, along with 21 other general insurance companies in Malaysia, have been found to have infringed Section 4 of the Competition Act 2010 by the Malaysia Competition Commission (MyCC).
In its stock exchange filings, TPG said the MyCC had imposed a financial penalty of RM2.57mil only on its general insurance subsidiary Tune Insurance Malaysia Bhd (TIMB).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!