KUALA LUMPUR: Malayan Banking Bhd (Maybank) has completed the proposed acquisition of the remaining 30.95 per cent interest in Maybank Ageas Holdings Bhd after signing a share purchase agreement with Ageas Insurance International NV (Ageas) on Sept 8, 2026.

In a statement today, the bank said it completed the acquisition after receiving regulatory approval from Bank Negara Malaysia (BNM) on Sept 1, 2026.

Maybank Ageas is the holding company for the Etiqa business in Malaysia and Singapore, providing a full range of life and general conventional insurance products as well as family and general takaful products through multi-channel distribution. - Bernama

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.