Sime Darby Bhd is acquiring a 61.2% stake in UMW Holdings Bhd from Permodalan Nasional Bhd for RM3.57 billion in cash to further scale up and strengthen its presence in the Malaysian automotive sector.
After court overturned a RM1 million takaful hibah, sparking confusion and concern among policyholders and the public, experts stress that it remains relevant if done properly