MAA Holdings Bhd rose to a 38-month high after the insurer applied for central bank approval to sign an agreement to sell its Malaysian Assurance Alliance Bhd unit and four other subsidiaries to Zurich Insurance Co.
The stock gained 4.4 per cent to RM1.42 at 9:16 a.m. local time in Kuala Lumpur trading, set for its highest close since Feb. 15, 2008. -- Bloomberg
No comments:
Post a Comment