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#bank-rakyat

2 stories tagged

MNRB to divest Takaful IKHLAS units to Bank Rakyat for RM1.64bil

Malaysian National Reinsurance Berhad is selling its complete equity holdings in Takaful IKHLAS Family and General to Bank Rakyat for RM1.64 billion, marking a strategic shift toward core reinsurance operations.

By Khairul Anuar · 4 Aug 2026 · 4 min read

Bank Rakyat Funds RM167 Million Water Treatment Plant for Penang

Bank Rakyat is backing a RM167 million water treatment plant in Penang's Seberang Perai, marking the state's first water infrastructure project using a Build-Operate-Transfer model to serve over 223,000 residents.

By Khairul Anuar · 27 Jul 2026 · 3 min read

MNRB to divest Takaful IKHLAS units to Bank Rakyat for RM1.64bil

Bank Rakyat Funds RM167 Million Water Treatment Plant for Penang

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