Great Eastern Life Assurance and Great Eastern Takaful Berhad said they want a proposed acquisition of 100% of shares in AmMetLife Insurance and 100$ of shares in AmMetLife Takaful Berhad.
The proposed acquisition will also see GELM, together with AML, and GETB, together with AMT, entering into exclusive 20-year bancassurance and bancatakaful agreements for the distribution of life insurance and family takaful products through the distribution network of AMMB’s banking subsidiaries, AmBank Berhad and AmBank Islamic Berhad, across Malaysia.
Upon approval, AMAB, MetLife, GELM and GETB will enter into a definitive sale and purchase agreement in accordance with the terms of the Implementation Agreement....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Great Eastern subsidiaries propose acquisition of AmMetLife InsuranceSubsidiaries of Great Eastern Holdings Limited are eyeing to acquire AMAB Holdings Sdn Bhd and MetLife International Holdings, LLC, its parent firm announced.
Source: SBRMagazine - 🏆 13. / 51 Read more »