Khazanah to Purchase 51% Stake in CIMB Aviva Assurance Bhd

Posted on 01/07/2013

CIMB Group, Malaysia’s second largest financial services provider, and Aviva Plc, a UK-based financial company, own a Malaysian joint venture called CIMB Aviva Assurance Berhad. Back in July 2007, Aviva International Holdings Limited paid RM 500 million for a 49% stake in the venture. They are both selling their stakes in CIMB Aviva Assurance Bhd. […]

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