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Business 06 Dec 2007 | 12:00 AM Premium

News in brief

Business 01 Apr 2008 | 12:00 AM Premium

CIMB Bank sells 60% stake in SEA Bank for RM40mil

Bumiputra-Commerce Holdings Bhd's subsidiary CIMB Bank is selling its 60% stake in SEA Bank for 339mil Mauritius rupees (RM40mil) to British American Investment Co. (Mtius) Ltd.

Business 02 Apr 2008 | 12:00 AM Premium

CIMB Bank sells stake in SEA Bank for RM40mil

Bumiputra-Commerce Holdings Bhd (BCHB) subsidiary CIMB Bank is selling its 60% stake in SEA Bank for 339 million Mauritius rupees (RM40mil) to British American Investment Co Ltd.

Business 19 Apr 2012 | 12:00 AM Premium

China seen to overtake Canada as Starbucks’ second largest market

LOS ANGELES: Starbucks Corp is on the rise in China with ambitious expansion plans but like any big new emerging market there are teething problems, not least of which is that customers love it so much, they stay for hours and hours and sometimes don’t even buy a drink.

Business 11 May 2012 | 12:00 AM Premium

CIMB Aviva stake for sale

KUALA LUMPUR: Britain’s second-largest insurer Aviva plc’s sale of its Malaysian life-insurance business could offer a buying opportunity for its competitors looking for a slice of the industry pie here, according to analysts.

Business 19 Jun 2012 | 12:00 AM Premium

AIA, Manulife among bidders for Aviva's Malaysia JV

SINGAPORE/HONG KONG: AIA Group , Manulife and Prudential PLC are among companies that have made initial bids for the life insurance joint venture of Malaysia's CIMB Group and Aviva in a deal estimated to be worth at least $400 million, sources said.

Other Sport 19 Jun 2012 | 12:00 AM Premium

AIA, Manulife among bidders for Aviva's Malaysia JV - sources

SINGAPORE/HONG KONG (Reuters) - AIA Group, Manulife and Prudential PLC are among companies that have made initial bids for the life insurance joint venture of Malaysia's CIMB Group and Aviva in a deal estimated to be worth at least $400 million, sources said.

Other Sport 19 Jun 2012 | 12:00 AM Premium

Insurance giants jostle for slice of Southeast Asia market

SINGAPORE/HONG KONG (Reuters) - The race to win a bigger slice of Southeast Asia's insurance market is heating up as AIA Group, Manulife and Prudential PLC compete for mid-size acquisitions in the region totalling up to $1 billion, sources said.

Other Sport 19 Jun 2012 | 12:00 AM Premium

Insurance giants jostle for slice of Southeast Asia market

SINGAPORE/HONG KONG (Reuters) - The race to win a bigger slice of Southeast Asia's insurance market is heating up as AIA Group, Manulife and Prudential PLC compete for mid-size acquisitions in the region totalling up to $1 billion, sources said.

Business 20 Jun 2012 | 12:00 AM Premium

Race to win bigger slice of regional insurance market heating up

KUALA LUMPUR: The race to win a bigger slice of South-East Asia’s insurance market is heating up as AIA Group, Manulife and Prudential plc compete for mid-size acquisitions in the region totalling up to US$1bil (RM3.18bil), sources said.