Sale of Malaysia's AMMB's insurance business to Great Eastern terminated

Great Eastern Holdings

03/02/2025 04:46

SINGAPORE, Feb 3 (Reuters) - AMMB Holdings  AMMB.KL 
said on Monday that the Malaysian lender, MetLife and Great
Eastern Holdings  GELA.SI  had mutually agreed not to pursue the
proposed disposal of AmMetLife Insurance and AmMetLife Takaful
to Great Eastern Life Assurance (Malaysia) and Great Eastern
Takaful, according to a stock exchange filing. 

 (Reporting by Yantoultra Ngui; Editing by Jamie Freed)
 ((Yantoultra.Ngui@thomsonreuters.com;))