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MAA Mutual Bhd, the unit trust arm of MAA Holdings Bhd, which launched three unit trust funds in February last year, has announced the maiden unit splits for all the funds for its financial year ended Dec 31, 2002.
FOLLOWING its recent acquisition of the insurance business of Amanah General Insurance Bhd (AGIB) for RM93.1mil, Japan-based Tokio Marine Insurans (M) Bhd (TMIM) is setting its sights on expanding its growth in a number of key business areas.
AFTER five years of losses, the country#039;s second largest cellular operator, Celcom (M) Bhd, turned in RM33mil group net profit for the financial year ended Dec 31, 2002 compared to a net loss of RM62mil previously.
TRADITIONAL focus on underwriting profits more than anything else has helped general insurer Overseas Assurance Corp (M) Bhd (OAC) attain satisfactory results that look set to improve considerably in the coming years.
JERNEH Asia Bhd, the holding investment company of general insurer Jerneh Insurance Bhd, has just acquired a life and general insurance company in Thailand, thereby gaining a firm foothold in one of the fastest growing economies in the Asean region.
CPA Australia Malaysia Division intends to further strengthen professionalism among its members this year through well structured and intensive seminars and workshops.