Prudential to acquire a 19% stake in Sri Han Suria from Detik Ria Sdn for $375m.

Prudential, British-domiciled multinational insurance and asset management company, agreed to acquire a 19% stake in Sri Han Suria, a holding company, from Detik Ria Sdn, a Malaysian holding company, for $375m. "Prudential has served Malaysian families for over a century, building a trusted life and health insurance business that supports the nation’s long-term protection and savings needs. Increasing our ownership of PAMB reflects our deep commitment to Malaysia and our confidence in its future," Anil Wadhwani, Prudential CEO.