LPI Capital Bhd
Holding Companies & Conglomerates · Malaysia · 11-50 Employees
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Overview
Headquarters
Bangunan Public Bank Fl 6, Kuala Lumpur,...Phone Number
+60 322628688Website
www.lpicapital.comRevenue
<$5 MillionStock Symbol
LPIIndustry
About LPI Capital Bhd
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LPI Capital Bhd News & Media
Public Bank completes 44.15% stake buy in LPI Capital - The Edge Malaysia
Public Bank Bhd (KL:PBBANK) said on Wednesday it has completed the acquisition of 175.9 million shares, representing a 44.15% stake, in insurer LPI Capital Bhd (KL:LPI).Public Bank expands into insurance with major LPI Capital stake
Family of insurance company’s late founder sells sharesAnalysts deem Public Bank's acquisition of 44.15% stake in LPI Capital 'fair and reasonable'
Public Bank Bhd's (KL:PBBANK) acquisition of a 44.15% stake in insurer LPI Capital Bhd (KL:LPI) for RM1.72 billion is considered "fair and reasonable", as the deal is expected to boost earnings of the country third-largest banking group by assets while maintaining strong capital ratios, analysts said.Public Bank to acquire 44.15% stake in LPI Capital for RM1.72 bil, triggering MGO at RM9.80
Public Bank Bhd (KL:PBBANK), the third-largest bank in Malaysia by assets, is acquiring a 44.15% stake in insurer LPI Capital Bhd (KL:LPI) for RM1.72 billion in cash from the family of the late Tan Sri Teh Hong Piow.
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Frequently Asked Questions Regarding LPI Capital Bhd
LPI, an investment holding company listed on the Malaysian Stock Exchange, provides general insurance coverage through its subsidiary Lonpac Insurance Bhd.... Read More