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Malaysia's MAA in venture to tap will market.

Bangkok Post (Bangkok, Thailand)

| July 06, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Jul. 6--MAA Holdings Berhad, a major Malaysian financial services provider, has formed a joint venture with local insurance veterans to offer wealth management services in Thailand, beginning with wills.

"We plan in the long term to offer all of the comprehensive financial services we now offer in Malaysia to the Thai market. The joint venture to operate the will writing business is just our first step to expand our business here," said Vincent Kwo, president and chief executive officer of the new joint venture, MAAKK Wealth Management.

Mr Kwo said great potential existed in Thailand for estate planning, which remains untapped by local firms, unlike the ...

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Source: HighBeam Research, Malaysia's MAA in venture to tap will market.

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