PETALING JAYA: Tune Ins Holdings Bhd is acquiring a majority stake in Indonesian insurer PT Asuransi Staco Mandiri (ASM) for about RM22.8mil.
The insurance products manager yesterday entered into two agreements with selling shareholders of ASM, which will see it owning a controlling interest or a 50%-plus-one-share equity interest in ASM.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
