MAAHMuseum of African American History
MAAHMinistry of Agriculture and Animal Husbandry (Afghanistan)
MAAHMad As A Hatter
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Malaysian insurer MAA Holdings (KUL:MAA), or MAAH, said Thursday it had entered talks to sell a stake in its fully-owned unit Malaysian Assurance Alliance Berhad (MAA) to Swiss insurer Zurich (VTX:ZURN).
MAAH said it will evaluate and negotiate a possible deal with Zurich, after terminating talks with AmG Insurance Berhad, which proposed on 30 July 2010 to buy the unit's general insurance operations for MYR180m (USD57.
The Malaysian insurer added that the agreement with Zurich does not need the approval of MAAH shareholders, and the countrya[euro](tm)s central bank, Bank Negara Malaysia, was in favour of the talks.