KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
AMMB Holdings Bhd
has terminated its plans to sell all its interest in AmMetLife Insurance Bhd and AmMetLife Takaful Bhd to Great Eastern Life Assurance (Malaysia) Bhd and Great Eastern Takaful Bhd.
SD Guthrie Bhd has acquired a 48.0% equity interest in Netherlands-based Marvesa Supply Chain Services BV for €54.0mn (RM250.0mn) from Dutch private equity firm, Parcom.
KJTS Group Bhd has proposed to acquire Malakoff Utilities Sdn Bhd, a wholly-owned subsidiary of Malakoff Corporation Bhd for RM65.5mn cash.
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