FWD Group Secures Majority Stake in FWD Takaful Berhad with Latest Investment in Malaysia
Insurance major FWD Group Holdings Limited has announced the completion of an additional investment in FWD Takaful Berhad, acquiring a further 21 percent stake and becoming the majority shareholder with a 70 percent holding. This development sees the Employees Provident Fund retaining a 30 percent stake, while JAB Capital Berhad exits its shareholder position following … Read more