HSBC Holdings to Sell Stake in HSBC Amanah Takaful Malaysia

Posted on 12/24/2018


HSBC Holdings plc received regulatory approval from Malaysia’s central bank to sell a 49% stake in HSBC Amanah Takaful Malaysia Berhad to FWD Life Insurance Company, a subsidiary of Hong Kong-based FWD Group. The deal is expected to be completed by June 2019. The other shareholders of HSBC Amanah Takaful Malaysia are Malaysia-based JAB Capital […]