MNRB

2.590

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS MNRB HOLDINGS BERHAD ("MNRB" OR "COMPANY") PROPOSED ACQUISITION OF 80% EQUITY INTEREST IN LABUAN REINSURANCE (L) LTD ("LABUAN RE") BY MNRB FOR A TOTAL CASH CONSIDERATION OF USD100,689,242.02 ("PROPOSED ACQUISITION")

MNRB HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description 
MNRB HOLDINGS BERHAD ("MNRB" OR "COMPANY")

PROPOSED ACQUISITION OF 80% EQUITY INTEREST IN LABUAN REINSURANCE (L) LTD ("LABUAN RE") BY MNRB FOR A TOTAL CASH CONSIDERATION OF USD100,689,242.02 ("PROPOSED ACQUISITION")

We refer to the announcement dated 19 May 2026 in relation to the Proposed Acquisition ("Announcement"). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.


On behalf of the Board, Affin Hwang IB wishes to announce that the Company has on 16 June 2026 submitted its application to BNM for its approval in relation to the Proposed Acquisition pursuant to Section 85(1) of the Financial Services Act 2013.


This announcement is dated 16 June 2026.



Announcement Info

Company Name MNRB HOLDINGS BERHAD
Stock Name MNRB
Date Announced 16 Jun 2026
Category General Announcement for PLC
Reference Number GA1-12062026-00012


View original announcement