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MAA shares decline on talks of Takaful business sale

Posted on 10 June 2011

Market talks of MAA Holdings Bhd selling its takaful business may have contributed to the over 19 per cent decline in its price on Bursa Malaysia Thursday, an analyst said.
MAA had already been given the green light by the Finance Ministry to dispose of its 100 per cent stake in Malaysian Assurance Alliance Bhd (MAAB) to Zurich Insurance Co Ltd for RM344 million………………………………………..Full Article: Source

 
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