MNRB to Divest Two Takaful Units to Bank Rakyat
Malaysian National Reinsurance Bhd has agreed to sell its entire stake in two takaful insurance subsidiaries to Bank Rakyat, focusing resources on its core reinsurance and retakaful businesses.
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MNRB to Sell Takaful IKHLAS Units to Bank Rakyat for RM1.64 Billion
MNRB is divesting its complete ownership interests in Takaful Ikhlas Family Bhd and Takaful Ikhlas General Bhd to Bank Rakyat for RM1.64 billion, marking a strategic shift toward its core reinsurance operations.