Takaful unlikely to face negative impact of MFRS


PETALING JAYA: The new Malaysian Financial Reporting Standards (MFRS) 17 will not have an impact on the fundamentals of Syarikat Takaful Malaysia Keluarga Bhd’s (STMK) business, in terms of its financial strength, ability to pay claims and dividend distribution.

This was revealed by STMK corporate finance and strategy general manager, Juliana Lo, at an expert speaker session on MFRS 17, organised by CGS-CIMB Research for institutional investors recently.

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