AmBank group CEO Datuk Sulaiman Mohd Tahir
KUALA LUMPUR: AMMB Holdings Bhd
’s 51%-owned subsidiary, AmGeneral Holdings Bhd (AGHB) has obtained approval from the Minister of Finance (MoF) for the sale of its wholly-owned subsidiary, AmGeneral Insurance Bhd (AGIB) to Liberty Insurance Bhd (LIB).
The banking group, in a statement, said AGIB is currently 51%-owned by AMMB and 49%-owned by Insurance Australia Group (IAG).
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