24.06.2011 - Allianz expects 'some results' from talks on Takaful Ikhlas stake in July
Allianz Malaysia Bhd expects "some results" from the talks to acquire a stake in Takaful Ikhlas Sdn Bhd from MNRB Holdings Bhd next month. "The discussion is still ongoing and we take it seriously to make the right decision," Allianz Malaysia Chief Executive Officer Jens Reisch told reporters after the company's annual general meeting here. MNRB had obtained Bank Negara Malaysia's approval in December last year to commence negotiations with Allianz Malaysia on its proposed divestment of stakes in Takaful Ikhlas...............................................Full Article: Source
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