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News in brief: June 24, 2022

24/06/2022 09:37 PM

ETIQA GENERAL INSURANS BHD has launched Malaysia’s first auto assistance location tracker that allows customers requiring roadside assistance to track the location of technicians or tow trucks in real-time.

In a statement today, the company said the service is available via the Etiqa Smile mobile app that also permits customers to report a vehicle incident, breakdown or accident, and track the status of the emergency request.

“To access the auto assistance solution, customers simply need to tap the Auto Assist Care button on Etiqa’s Smile app and describe the issue they have with their vehicle to the Etiqa Auto Assist Care (EAAC) centre.

“The customers then pinpoint their current location, and an EAAC consultant will send an SMS link to them that allows them to track the tow truck or technician that has been assigned via a live map," it added.



HONG SENG CONSOLIDATED BHD's healthcare arm HS Bio Sdn Bhd is selling a 35 per cent stake in life science healthcare solution provider Pantasniaga Sdn Bhd for RM24 million in cash, thus reducing its shareholding to 16 per cent.

In a filing with Bursa Malaysia today, Hong Seng said HS Bio today signed a share sale agreement with Nexterra Sdn Bhd for the proposed disposal, which was aimed at unlocking and realising the value of the investment and assets in Pantasniaga.

It said the sale, targeted for completion in the third quarter of this year, was expected to generate an estimated gain of about RM20 million.





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