Newsbreak: Berjaya Corp eyes controlling stake in MCIS Life

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.

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Intan Farhana Zainul(2023, January 16). Newsbreak: Berjaya Corp eyes controlling stake in MCIS Life.