Prior to the assets transfer to special purpose vehicle (SPV) Urusharta Jamaah Sdn Bhd, Lembaga Tabung Haji's (TH) exposure to the equities market was too high, according to its group managing director and chief executive officer Datuk Seri Zukri Samat.
"We are not fund managers, our role is basically to administer the Haj, so the focus of investment should change. I think the focus now will be more on fixed income, rather than equity," he told reporters at a media briefing on the institution's corporate turnaround plan here today.
With the joint venture between the two, users of Grab can buy insurance products directly on Grab app ZhongAn Online P&C Insurance Co., Ltd or ZhongAn, China’s internet insurer, officially announced that ZhongAn Technologies International Group Limited, its subsidiary, has partnered up with Grab to lead a joint venture (JV) company focussing on digital insurance […]
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