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Motor insurer Pacific & Orient Bhd (P&O) is cautious on its business outlook for the financial year ending Sept 30, 2015 in view of the uncertainties in the global economy.
South African financial services group Sanlam is pleased to announce that all conditions precedent have been met to conclude the acquisition of a 49% stake in the Malaysian niche short-term insurer Pacific & Orient Insurance Co. Berhad (POI).
P&O plans to pay only RM37mil in special dividends to shareholders
Pacific & Orient Bhd (P&O) is planning to pay out only RM37mil in special dividends to shareholders from the total RM270mil it will receive from the sale of its insurance