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Topik: Takaful

AMMB to start family takaful business in June next year

Source: The Star, 2nd September 2010

AMMB Holdings Bhd, one of the four joint ventures to get the family takaful licences, will get the business started in June 2011, group managing director Cheah Tek Kuang said today.

“We are giving ourselves nine months to get started,” he said after the company’s annual general meeting (AGM) here.

In the joint venture for the takaful licence, AMMB holds a 70% stake with the remaining 30% under Friends Provident Group plc of the United Kingdom.

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