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, 14 January 2009
Stake in HLA to be sold?
Hong Leong Financial Group Bhd does not rule out "strategic partnership/alliance options with potential partners that could assist HLA to expand and grow its business".It was earlier reported that HLFG was planning to sell a stake in HLA to a well capitalised foreign company. Tokie Marine & Nichido Fire Insurance Co Ltd was rumoured to be a potential partner.
Source: Business Times, Bursa
Labels: HLA, Merger, Tokio Marine
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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- News in Brief - Dec 23, 2008
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