ING Groep N.V.
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Publicatie datum
19 apr 2013 - 11:31
Statutaire naam
ING Groep N.V.
Titel
ING completes sale of Malaysian investment management business
Bericht
ING completes sale of Malaysian investment management business
Amsterdam, 19 April 2013
ING announced today that it has completed the sale of its 70%-stake in ING Funds Berhad, ING’s investment management business in Malaysia, to Kenanga Investors Berhad, a wholly owned subsidiary of K & N Kenanga Holdings Berhad.
The sale, as announced on 21 December 2012, is part of ING’s earlier announced process to divest ING’s insurance and investment management businesses. This transaction does not have a material impact on ING’s results and does not impact ING’s other businesses in the region.
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