Acquiring Company
MNRB Holdings Bhd
Acquired Company
Labuan Reinsurance (L) Ltd
Kuala LumpurMalaysiaFinancial ServicesFinanceLendingFinancial ServicesDescription
MNRB Holdings Bhd has announced its acquisition of an 80% stake in Labuan Reinsurance for US$100.69 million. This move is expected to enhance MNRB's earnings potential. The acquisition follows MNRB's record earnings and is viewed positively by analysts. Maybank Investment Bank upgraded MNRB's stock recommendation to 'buy'.
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Based on deal dataFrequently asked
Who acquired Labuan Reinsurance (L) Ltd?
Labuan Reinsurance (L) Ltd was acquired by MNRB Holdings Bhd, based in Kuala Lumpur. The deal was reported on May 22, 2026. MNRB Holdings Bhd is a financial services company based in Kuala Lumpur, Malaysia. MNRB Holdings Bhd is privately held and operates in Financial Services.
When did MNRB Holdings Bhd acquire Labuan Reinsurance (L) Ltd?
MNRB Holdings Bhd's acquisition of Labuan Reinsurance (L) Ltd was reported on May 22, 2026. MNRB Holdings Bhd has announced its acquisition of an 80% stake in Labuan Reinsurance for US$100.69 million. This move is expected to enhance MNRB's earnings potential. The acquisition follows MNRB's record earnings and is viewed positively by analysts. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Labuan Reinsurance (L) Ltd do?
Labuan Reinsurance (L) Ltd (Labuan Re) is a reinsurance company based in Malaysia, specializing in conventional reinsurance, retakaful, managing general agents (MGA), and Lloyd’s capital investments. It is privately held, operating in Financial Services, and is based in Malaysia.
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