Prudential to raise stake in Malaysia life insurer holding firm to 70% for US$377 million
SRI
British insurer Prudential said on Thursday (Jan 22) it had agreed to buy an additional 19 per cent stake in Sri Han Suria, the holding company that owns Prudential Assurance Malaysia, for around RM1.52 billion (US$376.61 million). The move increases Prudential's control of its conventional life business in Malaysia to 70 per cent and comes after Prudential reached a "full and final settlement" in July 2025 over a dividend claim brought by Detik Ria, the minority shareholder in Sri Han Suria,
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