KUALA LUMPUR: AMMB Holdings Bhd
’s 51 per cent-owned subsidiary AmGeneral Holdings Bhd (AGHB) has completed the sale of AmGeneral Insurance Bhd (AGIB) to Liberty Insurance Bhd (LIB) for RM2.29 billion, a statement from AmBank Group said today.
This follows the regulatory approval from the Minister of Finance and the signing of the share sale and purchase agreement with LIB, the statement said.
