Prudential Raises Stake in Malaysia Unit to 70%

MT Newswires Live01-30

Prudential (PUK) said Friday it has completed a deal to increase its stake in Prudential Assurance Malaysia Bhd.

The company said the Asia-focused insurer now owns 70% of Sri Han Suria Sdn Bhd, the holding company of Prudential Assurance Malaysia Berhad, after acquiring an additional 19% interest.

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