Overview
Description
Allianz Malaysia Berhad Preferential ICPS is a type of investment security in the Malaysian financial market. As an Irredeemable Convertible Preference Share (ICPS), it serves a unique function by providing investors with preferential rights and potential future equity conversion opportunities. Primarily, it is structured to offer a fixed dividend before any distribution to ordinary shareholders, thus appealing to investors seeking stable income streams. Allianz Malaysia Berhad operates within the insurance sector, markedly influencing financial industries and impacting economic stability through risk management and asset protection services. The ICPS available through Allianz Malaysia Berhad reflects the company's commitment to diversifying financial products while enhancing shareholder value. This financial instrument not only supports the company's capital raising efforts but also provides investors with an opportunity to participate in the long-term growth prospects of a leading insurer. Its role in the market is significant as it complements traditional equity and debt structures, offering a hybrid option tailored to investor needs.
About
CEO
Employees
0
Address
Menara Allianz Sentral
Level 29 203, Jalan Tun Sambanthan Kuala Lumpur Sentral
Kuala Lumpur, 50470
Level 29 203, Jalan Tun Sambanthan Kuala Lumpur Sentral
Kuala Lumpur, 50470
Phone
60 3 2264 1188
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Insurance - Diversified
Country
Malaysia
MIC code
XKLS