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Insurance News

  -  Jan 4, 2013
The integration of Kurnia and AmG is expected to incur RM38 mil, but over a 2-year period, cost savings of RM50 mil can be achieved. Full integration is expected to complete by Q1 2014. AmG's licence will be surrendered back to BNM instead of Kurnia's due to ease of transaction.
Kurnia deal a 'cost saver' - Business Times THE acquisition of Kurnia Insurans (M) Bhd will result in a cost savings of RM50 million for AMMB Holdings Bhd, said a top executive.

 

Posted by Loo Hai Friday, January 4, 2013 12:30:00 PM Categories: AmG Kurnia Merger
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