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Business

Great Eastern launches first insurance policy for SARS

GREAT Eastern Life Assurance (M) Bhd has launched the country's first insurance policy for SARS (Severe Acute Respiratory Syndrome), providing a one-off cash payment of RM5,000 to policyholders diagnosed to have the disease and treated either in Malaysia or Singapore.

Business

Insurer looks at lower dividends

UNI.ASIA Life Assurance Bhd, formerly known as EON CMG Life Assurance Bhd, will not raise its life insurance premium rate in the near term despite the current economic uncertainties.

Business

Great Eastern banks on IT to achieve goals

GREAT Eastern Life Assurance (M) Bhd sees information technology (IT) as one of the main drivers of its insurance business, according to senior vice-president information technology, operations and human resources Kong Kim Yihe.

Business

Premium rates to stay

GREAT Eastern Life (M) Bhd does not expect any increase in its premium rates over the next 1 to 2 years, said chief executive officer Alex Foong.

Education

Insured while saving

How parents manage.

Business

NV Multi sees RM115mil sales from new product

NV MULTI Corp Bhd expects sales of RM115mil this year from its newly launched bereavement care insurance plan in collaboration with Great Eastern Life Assurance (M) Bhd.

Business

KFCH expects support for reorganisation plan, says MD

KFC Holdings (M) Bhd (KFCH), the nation#146;s number one fast-food group, expects the government of Singapore Investment Corp and other shareholders to support a reorganisation plan to be completed in December.

Business

GEL Capital in merger talks with PacificMas

NEGOTIATIONS on a merger between GEL Capital (M) Bhd and PacificMas Bhd, which will provide a backdoor listing for the Malaysian operations of Great Eastern Holdings Ltd have started, according to Great Eastern Life Assurance (Malaysia) Bhd director and chief executive officer Alex Foong.

Business

Snapshots

Jagdev Singh Sidhu writes on Pacificmas and IOI Corp.

Business

Celcom faces critical vote on merger with TM Cellular

Today is a critical day for Celcom (M) Bhd, which is holding an EGM to seek shareholders' approval to buy TM Cellular Sdn Bhd, the mobile subsidiary of Telekom Malaysia Bhd.