新2最新网址www.hg108.vip)实时更新发布最新最快最有效的新2网址和新2最新网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

,AmBank group CEO Datuk Sulaiman Mohd Tahir

KUALA LUMPUR: AMMB Holdings Bhd’s 51%-owned subsidiary, AmGeneral Holdings Bhd (AGHB) has obtained approval from the Minister of Finance (MoF) for the sale of its wholly-owned subsidiary, AmGeneral Insurance Bhd (AGIB) to Liberty Insurance Bhd (LIB).

The banking group, in a statement, said AGIB is currently 51%-owned by AMMB and 49%-owned by Insurance Australia Group (IAG).

Upon completion of the deal, which is subject to customary closing conditions, LIB will acquire 100% of AGIB’s shares, while AMMB will receive its share of the sale proceeds in the form of cash and consideration shares.

As a result, AMMB will hold a 30% interest in the businesses of AGIB and LIB.

As part of the transaction, AMMB will enter into a 20-year new bancassurance partnership with the prospective merged entity for the distribution of general insurance products.

It said the operations of AGIB and LIB will be formally merged at a subsequent date.

“AmBank Group is pleased to have obtained MOF’s approval for the sale of AGIB to LIB. This strategic partnership with a global insurance leader like Liberty Mutual is key to propelling our general insurance business to even greater heights. We are optimistic on the sustained growth opportunities that this dynamic union will bring about,” AMMB group chief executive officer Datuk Sulaiman Mohd Tahir said.

AMMB anticipates signing the sale and purchase agreement and other transaction agreements for the AGIB disposal in July 2022 pursuant to the terms of the implementation agreement entered into between AGHB and LIB on July 19, 2021.


转载说明:本文转载自Sunbet。 Usdt自动充值接口声明:该文看法仅代表作者自己,与本平台无关。转载请注明:新2最新网址(www.hg108.vip)_AMMB secures MoF approval for sale of AmGeneral Insurance to Liberty Insurance
发布评论

分享到:

澳洲幸运5(www.a55555.net)_斗门成热销之最
1 条回复
  1. 电报群搜索机器人(www.tel8.vip)
    电报群搜索机器人(www.tel8.vip)
    (2022-07-09 00:10:41) 1#

    telegram中〖zhong〗文群组导航www.tel8.vip)是一个Telegram群(qun)组『zu』分享平台,telegram中文群“qun”组‘zu’导航包括telegram中文群组导航、telegram群组索引、Telegram群组导航、新加坡“po”telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美(mei)国 群组、telegram群组爬虫、电报群 科“ke”学上网、小飞机 怎{zen}么 加 群、tg群等内容。telegram中文群组导航为广大电报用户提供各种电报群组/电报频道/电报机 ji[器人导航(hang)服务。
    还是觉得可以进步

发表评论

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。