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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Tuesday, 4 November 2008
3 More Parties Interested in Pacific Insurance
Pacific Insurance is certainly attracting a lot of potential buyers. In addition to Aureos Capital Limited (see our previous post), there are now 3 other parties that have expressed interest:- ACE Group of Companies including ACE Synergy Insurance Berhad
- EON Bank Berhad
- Usaha Tegas Sdn Bhd.
PacificMas has received BNM's approval to commence preliminary negotiations with the above parties concurrently.
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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