Asia Capital Re expands with Malaysia and takaful purchases

malaysia

Singapore-headquartered ACR Capital Holdings, owner of Asia Capital Re, has completed the purchase of stakes in two businesses for undisclosed sums.

Adding to its existing 30% ownership, ACR has bought 70% of Kuala Lumpur-based Asia Capital Reinsurance Malaysia from Malaysia government investment fund Khazanah Nasional; in addition it has

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