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March 1999
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Year 2001

News Flash 2002

08 April 2002
22 May 2002 - HLB PROTEST
05 June 2002
29 July 2002
09 August 2002
20 September 2002
19 October 2002
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SBEU PUBLICATION

High Crime, Low Wages
- Who Gains?
Sarawak Labor Ordinance
Merger of Banks & Financial Institution
Increase Retirement Age
Customer First ?
Adapt or Die
Industrial Court Awards

05 June 2002

PROPOSED MERGER OF ZURICH INSURANCE (MALAYSIA) BHD AND MCIS INSURANCE BERHAD.

We are pleased to confirm that the shareholders of both Zurich Insurance (Malaysia) Bhd (Zurich) and MCIS Insurance Berhad (MCIS( have at their respective EGMs approved to proposed merger. The final requirement is to obtain a vesting order from the High Court to enable the business merger to take effect, tentatively scheduled for 28 June 2002.

On completion of the merger, the business of MCIS and Zurich will be integrated and operated under MCIS Insurance Berhad ( to be re-named as MCIS Zurich Insurance Berhad).

The proposed merger will allow us to expand the range of life and general insurance products and service capability through the expansion of our business units and branch network.

As part of our effort to streamline the branch networks in the business integration process, our Kuching Branch will be operating from the following address, effective from 14 June 2002

New Adress : Ground & 1st Floor, Lot 187, Sub Lot 403/404, Jalan Satok 93400 Kuching, Sarawak.
Telephone : 082-234134, 082-247434, 082-239495 and 082-429287 (Toll Free - 1800-880021)
Facsimile : 082-241826, 082-239493

 

Persons-in-charge in the branch operations remain unchanged.

 

We thank you for the support you are rendering and look forward to continue our business partnership in the merged company.

 

 

 

 

Your sincerely,

 

 

Michael Wong Teck Kat

CEO/General Manager

   

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