GENERAL

FWD Takaful Launches "FWD ADD Rider"

 |  Friday, 25 March 2022 11:33  |  Published in GENERAL

KUALA LUMPUR, March 25 (Bernama) -- FWD Takaful Berhad (“FWD Takaful”) has recently launched FWD ADD Rider, an added coverage designed to provide benefits upon accidental death and dismemberment (ADD) including medical expenses, financial and mental health coverage. The rider also provides optional unique benefits to complement the main accidental coverage.
 
Salim Majid Zain, FWD Takaful’s Chief Executive Officer, said, We’re happy to launch another rider that can help our customers, including gig economy workers take care of their financial implications due to unforeseen situations, in addition to their basic takaful coverage. What’s more, FWD ADD Rider is currently our only takaful rider that offers mental health coverage. The best part is that customers will also have the flexibility to customise the rider by adding the optional benefits for more inclusive coverage at an affordable contribution rate.”  

TDM Announces Proposed Disposal of Loss-making Indonesian Assets to Ikhasas

 |  Friday, 25 March 2022 11:31  |  Published in GENERAL

Kuala Terengganu, 25 March 2022 TDM Berhad ("TDM" or "the Group") wishes to announce that it had, on  21 March 2022, accepted an offer by Ikhasas Sdn Bhd. ("Purchaser" or "Ikhasas") on the sale of PT Rafi Kamajaya  Abadi (RKA) and PT Sawit Rezki Abadi (SRA) for an aggregate cash consideration of RM115,000,000.00 ("Offer")  ("Proposed Disposal"), including an earnest deposit of RM2,300,000.00. The Offer shall be conditional upon TDM  and Ikhasas fulfilling certain agreed specific conditions within six (6) months from the date of TDM's acceptance  of the Offer or such longer period as may be agreed between the parties. TDM shall negotiate exclusively with  the Purchaser regarding the Proposed Disposal within this period or to such later date as both parties mutually  agreed.  

Mercedes-Benz Financial announces Step Up Agility Finance for the newly launched EQA 250 in Malaysia

 |  Friday, 25 March 2022 11:29  |  Published in GENERAL

With the highly successful launch of the all-new all-electric EQA 250, Mercedes-Benz Financial today announces the Step Up Agility Financing program to further encourage the nation’s EV adoption. Designed with customers in mind, the financial package enables customers to have regular fixed monthly instalments over a set period, perfectly tailored for individuals who seek luxury, value, unrivalled benefits, and above all, peace of mind behind the wheel. 

For the EQA 250, there are two 5-year Step Up Financing plans available. The first option is the initial monthly instalments of RM2,288* for the first two years followed by RM4,148* for the third to fifth year of tenure. The second option is RM2,288* for the first year, followed by RM2,688* for the second year and RM3,994* for the third to fifth year of tenure. 


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