Syarikat Takaful pares gains after rising on new deal with RHB Islamic

TheEdge Wed, Jul 29, 2020 03:40pm - 3 years View Original


KUALA LUMPUR (July 29): Syarikat Takaful Malaysia Keluarga Bhd's (STMKB) share price pared gains in afternoon trading today after climbing as much as 47 sen or 10.49% to RM4.95 earlier following the Islamic insurer's announcement yesterday that it had signed new agreements with RHB Islamic Bank Bhd, allowing the latter to sell STMKB's products.

At 2.42pm today, STMKB shares pared gains to RM4.68 with 1.67 million units traded. At RM4.68, the company is valued at some RM3.87 billion.

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