News Non-Life14 Oct 2024

Malaysia:Public Bank proposes to acquire 44.15% equity interest in insurance-related group

| 14 Oct 2024

(L) Tan Sri Dato' Sri Dr. Tay Ah Lek, managing director and CEO of Public Bank and (R) Ms Teh Li Shien Diona at the sale and purchase agreement signing ceremony


Public Bank, among Malaysia's top three banks, has entered into a conditional sale and purchase agreement with the Estate of the Late Tan Sri Dr Teh Hong Piow and Consolidated Teh Holdings (ConTeh) to acquire a stake in LPI Capital.

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