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New insurer Generali Malaysia has emphasised that it will focus on catering to the insurance needs of the underserved segments in the country by offering
KUALA LUMPUR (May 10): Generali Group, one of the largest global insurance providers based in Italy, aims to narrow the insurance gap for the underserved market in the country through its integrated unified brand, Generali Malaysia. Generali Malaysia was recently integrated following the acquisition of a controlling majority stake in Affin Bank Bhd’s general insurance arm AXA Affin General Insurance Bhd (AAGI), and 100% purchase of MPI Generali Insurans Bhd from its joint-venture partner Multi-Purpose Capital Holdings Bhd (MPCHB).
KUALA LUMPUR: Generali Malaysia will focus on completing its business integration in Malaysia and in MPI Generali Insurans Bhd within two years.
Here is a brief look at some corporate announcements and news flow on Wednesday (May 18) involving Country Heights Holdings Bhd, Serba Dinamik Holdings Bhd, E.A. Technique (M) Bhd, Zelan Bhd, Malaysia Smelting Corp Bhd, LBS Bina Group Bhd, Sunway Real Estate Investment Trust, Apex Healthcare Bhd, Cahya Mata Sarawak Bhd, VSTECS Bhd, Caely Holdings Bhd, Kanger International Bhd, Encorp Bhd, Jentayu Sustainables Bhd, Lion Posim Bhd, Fiamma Holdings Bhd, MPHB Capital Bhd, Zecon Bhd, XOX Bhd and Dynaciate Group Bhd.
KUALA LUMPUR: Stock with recent corporate announcements that could see increased trading action include Country Heights, Malaysia Smelting Corp, LBS Bina Group, Sunway REIT, Cahya Mata Sarawak, Signature International, Fiamma, MPHB Capital, Serba Dinamik, EA Technique and Zelan, said JF Apex Research.