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Announced

AIA Group to invest in TNG Digital.

Synopsis

AIA Group, the largest independent publicly listed pan-Asian life insurance group, agreed to invest in TNG Digital, Malaysia’s largest eWallet company. Financial terms were not disclosed. The collaboration with a best-in-market digital partner allows AIA to offer Touch ‘n Go eWallet customers insurance solutions that they can purchase both directly online as well as through consultative selling provided by AIA’s existing distribution channels – including its 19,000-strong agency force – who are capable of advising on more comprehensive insurance and takaful coverage.

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