Newsbreak: Berjaya Corp eyes controlling stake in MCIS Life
16 Jan 2023
MARKET talk is rife that Berjaya Corp Bhd (BCorp) could be eyeing a controlling stake in life insurance company MCIS Life Bhd, a subsidiary of South Africa-based Sanlam Ltd.
According to sources, BCorp has been negotiating with Sanlam since last year to buy the latter’s entire 51% stake in MCIS Life.
