ETIQA celebrated its 15th anniversary this year with various activities including digital webinars, Etiqa Sini Sana on-ground activation and the introduction of Etiqa’s National Mobile Screening Clinic in December, while reaching a major milestone this year with the official launch of the Etiqa brand in Cambodia.
AXA in Talks to Sell Singapore Unit Which Could Raise $700 Million By Chanyaporn Chanjaroen and Manuel Baigorri | January 20, 2021
HSBC Holdings Plc and Malayan Banking Bhd.’s insurance venture are among shortlisted bidders for AXA SA’s business in Singapore, which could raise about $700 million in a sale, according to people familiar with the matter.
The British bank and Etiqa, majority owned by a Maybank joint venture, have proceeded into the next round with a few weeks to go before a deadline for submitting binding bids, the people said. At least one Chinese firm also among those invited to lodge offers, said the people, who asked not to be identified because the matter is private.
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HSBC Holdings PLC and Malayan Banking Bhd’s (Maybank) insurance venture are among shortlisted bidders for Axa SA’s business in Singapore, which could raise about US$700 million in a sale, people familiar with the matter said.
The British bank and Etiqa, majority owned by a Maybank joint venture, have proceeded into the next round with a few weeks to go before a deadline for submitting binding bids, the people said.
At least one Chinese firm is also among those invited to lodge offers, said the people, who asked not to be identified because the matter is private.
Axa has been considering a sale