Posted by Lonpac Insurance Bhd on 2/27/14, 9:46 AM
LPI Capital Bhd (LPI), formerly known as London & Pacific Insurance Company Berhad, is an investment holding company. After a rationalisation scheme, LPI transferred its entire insurance business to its wholly-owned subsidiary Lonpac Insurance Bhd on 1 May 1999 and at the same time changed its name from London & Pacific Insurance Company Berhad to LPI Capital Bhd.
The Company was incorporated on 24 May 1962 as a private limited company and was registered as an approved insurer on 9 April 1963 under the Malaysian Insurance Act, 1963. The shares of LPI were also listed on the Second Board of the Kuala Lumpur Stock Exchange (KLSE) on 8 January 1993 and were subsequently transferred to the Main Board of the KLSE (now known as Main Market of Bursa Malaysia Securities Berhad) on 17 January 1997. The adjusted paid-up capital of the Company is RM220,309,380 comprising of 220,309,380 ordinary shares of RM1.00 each (excluding Treasury Shares of RM1,014,600 comprising of 1,014,600 ordinary shares of RM1.00 each).
For more information visit us at http://www.lonpac.com/