KUALA LUMPUR: Shares of MAA HOLDINGS BHD [] fell sharply in early trade on Thursday, June 9 on investors' disappointment over the price which it was selling the insurance unit to Zurich Insurance Company Ltd.
At 9.15am, MAA fell 20 sen to RM1.18 with 17.99 million shares traded.
On Wednesday, MAA obtained the Minister of Finance's (MoF) approval to dispose of its 100% stake in Malaysian Assurance Alliance Bhd (MAAB) for RM344 million.
At 9.15am, MAA fell 20 sen to RM1.18 with 17.99 million shares traded.
On Wednesday, MAA obtained the Minister of Finance's (MoF) approval to dispose of its 100% stake in Malaysian Assurance Alliance Bhd (MAAB) for RM344 million.
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