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AXA Affin gets nod to take over BH Insurance

AXA Affin gets nod to take over BH Insurance
AXA Affin General Insurance Bhd. said it received approval from Malaysia's central bank to acquire BH Insurance (M) Bhd from Boustead Holdings Bhd and Felda Marketing Services Sdn Bhd. Completion of the acquisitin is expected to take place upon approval from the various companies' shareholders, AXA Affin said in a statement today. AXA Affin will buy 80 per cent of BH Insurance from Boustead and ...

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