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Friday, 10 October 2008

Middle East Investor Involved in MAA's Privatisation

There is new speculation that MAA will be taken private using fund from a Middle East investor. The fund will also be used for fresh capital injection to improve solvency ratio.

MAA has been in discussions with various parties in the past on M&A. The parties included Allianz, Axa, Kurnia and Nippon Life.

Source: Business Times

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posted by Teh Loo Hai @ 6:27 PM   0 Comments Links to this post

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