The Board of Directors of the Company is pleased to inform that the Company has on 1 October 2026, incorporated a wholly-owned subsidiary, Allianz Labuan Limited ("Incorporation") in Federal Territory of Labuan, Malaysia under the Labuan Companies Act, 1990.
Information of Allianz Labuan Limited
Allianz Labuan Limited was incorporated in Malaysia under the Labuan Companies Act, 1990 on 1 October 2026 with a fully paid-up capital of USD 1 (United States Dollar: One). The principal activity of Allianz Labuan Limited is to carry on Labuan life insurance business for the Malaysian high-net-worth segment, offering foreign currency-denominated products.
The Incorporation does not have any material effect on the earnings and net assets of the Company for the financial year ending 31 December 2026.
This announcement is dated 1 October 2026.