KSK Group Berhad, previously often called Kurnia Asia Berhad, was incorporated on sixteen February 2001. KSK has not changed its goal to succeed in the top 10 and its mother or father company is able to present financial assist, he said, but its capital adequacy ratio of one hundred seventy.50 per cent is adequate to serve future development. KSK is planing to name for an EGM on the end of July to finalise the SCR, once the Securities Fee Malaysia approves it.
Cash-rich KSK Group Bhd plans to foray into the property sector and have earmarked key hotspots in the Klang Valley, Penang and Johor for investments, a major shift from its current core basic insurance business ksk insurance indonesia in Malaysia. Talking to the media after the AGM not too long ago, KSK ED and group CEO Joanne Kua Ying Fei said KSK Land Sdn Bhd had been set as much as venture into the property sector.
Cindy Kua, government director of KSK Group, stated the group wanted to concentrate its insurance enterprise in Thailand and Indonesia after selling its insurance coverage enterprise in Malaysia. Inside fundamentals must be stronger for the Thai unit, she said, and the company hopes the brand new CEO can propel KSK Insurance (Thailand) into the highest 10.