Insurance News
Brief insurance news and digest for the busy executives. A handy insurance news archive with main focus on Malaysia. Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we will not be liable for any loss arising from the use of any information contained in this blog. You may reproduce materials published here provided the source (news.actuaries.com.my) is properly acknowledged.
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Wednesday, 9 April 2008
OCBC Owns 99.7% of Pacmas
At the close of the cash offer at 5 pm on 8 April 2008, OCBC Capital has successfully owned 99.7% of Pacmas shares, made up of: - 62.59% acquired through cash offer
- 32.63% owned by OCBC at the time of making cash offer
- 4.48% purchased in the market during the offer period
Source: Bursa Malaysia
Labels: Merger, Pacific Insurance
About Me
- Name: Teh Loo Hai
- Location: Kuala Lumpur, Malaysia
Loo Hai is an actuarial recruiter cum actuarial consultant. He has over 20 years of work experience gained in Malaysia and Australia in the actuarial, insurance, takaful and pension fields.
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