Affin’s shares up on news of potential sale of general insurance business | Malay Mail

06 September 2019

KUALA LUMPUR, Sept 6 — Shares of Affin Bank Bhd on Bursa Malaysia rose in early trading session today after the bank and French insurer AXA SA are reportedly mulling options including a potential sale of their life and general insurance business in Malaysia for about US$650 million .

“Affin and AXA could be joining owners of AmGeneral Insurance Bhd, as well as other foreign players including Prudential Plc and Zurich Insurance Group AG, in seeking to pare stakes in their Malaysian units, following the government’s decision to enforce ownership cap more strictly,” it said. — Bernama

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Business tithe collected from online traders still low, says FT Islamic Affairs Council | Malay MailNILAI, Sept 4 — Muslim online traders are urged to fulfil their obligation by paying business tithes. Federal Territory Islamic Affairs Council Tithe Collection Centre (PPZ-MAIWP) chief executive officer Ahmad Shukri Yusoff said the awareness on paying business tithe among online traders was...
La source: malaymail - 🏆 1. / 86 Lire la suite »