AMMB & LIB Propose Merger
AmGeneral Holdings Berhad (“AGHB”), a 51%-owned subsidiary of AMMB Holdings Berhad (“AMMB”), entered into an Implementation Agreement with Liberty Insurance Berhad (“LIB”) today for the proposed sale of its wholly-owned subsidiary, AmGeneral Insurance Berhad (“AGIB”) for approximately RM2,290 million. Subject to receiving appropriate regulatory approvals, AGHB and LIB will execute a share purchase agreement under […]
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