Analysts positive on Tune Protect’s three-year plan

TheStar Mon, Feb 01, 2021 08:50am - 3 years View Original


TA Securities said it is optimistic on the group’s prospects following positive development in Covid-19 vaccine.

KUALA LUMPUR: Brokerage firms are positive on Tune Protect Group Bhd’s (Tune) three-year transformation plan, which encompasses diversification into new areas of growth to reduce exposure to its travel insurance business following the Covid-19 pandemic.

Tune recently announced its strategic direction on health, lifestyle as well as small and medium enterprises (SMEs) following the appointment of its new chief executive officer Rohit Nambiar.

Following its Corporate Day 2021 to present this new direction to analysts on Jan 26, TA Securities said it is optimistic on the group’s prospects following positive development in Covid-19 vaccine.

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