BCorp says acquisition target is MCIS Insurance, confirms The Edge report
10 Jan 2023
KUALA LUMPUR (Jan 10): Berjaya Corp Bhd says it is in the midst of negotiations for the proposed acquisition of a controlling stake in MCIS Insurance Bhd (MCIS Life)
It announced this in a brief bourse filing on Tuesday (Jan 10) night, confirming a report by The Edge Malaysia over the weekend that the group was in talks with Sanlam Ltd to purchase the South Africa-based company’s 51% stake in MCIS Life.
