Allianz Gets BNM Nod To Start Talks On Acquisition Of Stake In Takaful Ikhlas

KUALA LUMPUR, Dec 20 (Bernama) -- Allianz Malaysia Bhd (AMB) has received approval from Bank Negara Malaysia (BNM) to commence negotiation with MNRB Holdings Bhd (MNRB) on the proposed acquisition of equity interest in Takaful Ikhlas Sdn Bhd.

In a filing to Bursa Malaysia Monday, AMB said the approval was received via BNM's letter dated Dec 17.

Takaful Ikhlas is a wholly-owned subsidiary of MNRB.

-- BERNAMA December 20, 2010 21:24 PM