No war ....Maybe some ppl will avoid visit Japan n Korea only...so air Asia sales drop a bit, so with tune....not the point insurance co. suffer coz of war, I think
"Prudential, which has operated in Malaysia since 1924 through a subsidiary called Prudential Assurance Malaysia Bhd., has yet to decide on the structure of its share sale, people familiar with the matter said. A 30% stake sale of its unit could fetch close to $1 billion, the people said. Prudential is the third-largest life insurance company in Malaysia based on its net premiums."
"Singapore’s Great Eastern Holdings Ltd., one of Malaysia’s oldest life insurers and its second-largest by net premiums, has engaged at least one Malaysian bank to explore similar moves, which one person familiar with the matter said could also raise close to $1 billion."
"Separately, Tokio Marine is considering an IPO in Malaysia that could raise $100 million, while Switzerland-based property-and-casualty insurer Chubb Ltd. is also looking to sell a 30% stake that could raise up to $50 million, the people said. These firms also currently have no domestic shareholders."
Doesn't look like there would be any effect (whether positive or negative) on TIH?
Perhaps neutral..... those ins companies already exist in Malaysia for so long.... listed or not, no direct impact to tune.... tune share price will rely on its earning ....
Bursa Red Ocean got one sifu from Sg,,,CFA give call when using his ultimate weapon DCF,,,that time is 1.6,,,now he very quiet already,,,not sure where he go,,,addition he encouraged all the members buy his udemy class,,,very best sifu,,,,kikiki
The price will be under pressure again once hit 1.20. Fundamentally poor. Combined ratio has exceed 100% for the first time and expected to maintained at that level next quarter. REDUCED target price to 0.90
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ooihk899
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Posted by ooihk899 > 2017-09-12 11:17 | Report Abuse
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