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Malaysian M&A activity to continue in 2012

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The high volume of merger and acquisition activities in the Malaysia financial services sectors is expected to continue in 2012, particularly in the area of insurance, a Pricewaterhouse Coopers official has said.

According to Malaysian publication, The Edge, PWC's Malaysian executive director Angie Wong said the local insurance scene would continue to be spurred by low penetration rates in the life insurance

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