KUALA LUMPUR: BOUSTEAD HOLDINGS BHD [] is seeking more time for the company and its major shareholder Lembaga Tabung Angkatan Tentera to rationalise the cross shareholdings in BH Insurance (M) Bhd and AXA Affin General Insurance Bhd.
In a filing to Bursa Malaysia yesterday, Boustead said it had made an application to Bank Negara Malaysia (BNM) for an extension of time from end-December 2009 to end-December 2010. It said the announcement on BNM’s decision would be made in due course.
Boustead plans to dispose of its 80% stake in BH Insurance and via its shareholding in AFFIN HOLDINGS BHD [], a strategic stake in AXA Affin.
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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