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Purpose: This blog provides brief insurance news and digest for the busy executives. It is a handy archive covering major insurance news in Malaysia and nearby countries. 

Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we are not liable for any loss arising from the use of any information contained in this blog.

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Generali buying Multi-Purpose 

RM355.8 mil for 49% stake

Generali Asia N.V. is buying 49% stake in Multi-Purpose Insurans Bhd for RM355.8 mil. The deal also entails a call and put option. The transactions are expected to be completed by early 2015 and the name of the insurer will change to MPI Generali Insurans Bhd. http://bit.ly/TAS141219a

Friday, December 19, 2014 9:13:00 PM Categories: Merger Multi-Purpose
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Multi-Purpose Insurans may see change in owner 

Insurance News

  -  May 16, 2014
MPHB's controlling stake in Multi-Purpose Insurans may be divested to a yet undisclosed party. BNM issued the no-objection notice yesterday for such negotiations to take place.  http://bit.ly/TAS140516a 


Posted by Loo Hai Friday, May 16, 2014 7:24:00 PM Categories: Merger Multi-Purpose
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