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read more. - Prudential Malaysia

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NEWS RELEASEFor Immediate PublicationPRUDENTIAL UNVEILS ITS BIGGEST BRANCH IN THESOUTHERN REGION AT JAYA 99, MELAKATO CATER TO GROWING CUSTOMER BASENew building gathers all 83 agencies in Melaka under one roofBandaraya Melaka, 31 March, 2011 – <strong>Prudential</strong> Assurance <strong>Malaysia</strong> Berhad unveiled its biggestbranch in the southern region today to cater to its growing number of customer in the region.Located at Menara <strong>Prudential</strong>, Jaya 99, the new branch office occupies a total of 9 floors with acombined gross floor area of over 73,000 square feet where all 83 of its agencies in Melaka aregathered under one roof in this new building in order to provide its customers with a one-stopservice.Commenting on the grand opening of the branch held earlier today, Charlie Oropeza, thecompany’s Chief Executive Officer said: “The relocation reflects the growing importance of ourbusiness here in Melaka which has been growing at a phenomenal rate since we first expandedour foothold in Melaka in 1992. From just one agency with a handful of agents, our business inMelaka has grown to 83 agencies with 823 agents and their number continues to grow rapidly. Weowe this tremendous growth to our team of dedicated agency force, staff as well as our customerswho have been extremely supportive of us over the last two decades. By moving to a bigger andnewer office, we believe we will be able to provide our customers with greater convenience andcomfort in line with our aspiration to provide them with world-class customer experience besidesimproving the efficiency of our agency force here.”For the financial year ended 31 December 2011, the insurer’s total new business Annual PremiumEquivalent (APE) sales – including both conventional and Takaful insurance sales – rose 8% toRM1.107 billion, with Melaka branch contributing over RM73 million to the overall performance.The new branch office is equipped with training room facilities at every level, a training hall with aseating capacity of 180 people as well as surau to cater to the need of its growing number of Bumiagency force in Melaka which accounts for approximately one third of <strong>Prudential</strong>’s total agencyforce in the state.In conjunction with the branch grand opening, <strong>Prudential</strong> also contributed RM10,000 to PusatHaemodialisis SJAM Bacang Melaka, a non-profit organisation aimed at providing subsidiseddialysis treatment to needy kidney patients.<strong>Prudential</strong> Assurance <strong>Malaysia</strong> Berhad (107655-U) Level 17 Menara <strong>Prudential</strong>, No. 10 Jalan Sultan Ismail, 50250 Kuala Lumpur, <strong>Malaysia</strong>P.O. Box 10025, 50700 Kuala Lumpur. Tel (603) 2031 8228 Fax (603) 2032 3939 www.prudential.com.myCustomer Service Tel (603) 2116 0228 Email: customer.mys@prudential.com.myPart of <strong>Prudential</strong> plc (United Kingdom)


Oropeza said, “For kidney patients who need to be on long-term medication and frequent dialysistreatment, the prohibitive cost of medical treatment is probably their biggest challenge. It isestimated to take up around 68% of one’s household income which is beyond the affordability ofmany patients. We hope that our small contribution will go towards supporting the SJAMHaemodialysis Center of Bacang Melaka in their noble effort of providing the necessary treatmentto needy kidney patients so that they are able to sustain their health and can go on in maintainingtheir usual daily routine.”- Ends –About <strong>Prudential</strong> Assurance <strong>Malaysia</strong> Berhad<strong>Prudential</strong> Assurance <strong>Malaysia</strong> Berhad (PAMB) was established in <strong>Malaysia</strong> in 1924. For the financial yearended 2011, it achieved a record RM1.107 billion in new business annual premium equivalent (APE),representing a 8% growth on 2010. This new business APE comprised Life Insurance sales and Takafulcontributions. Takaful products distributed by PAMB’s Wealth Planners and agents are underwritten by<strong>Prudential</strong> BSN Takaful Berhad.As an innovative leading insurer, PAMB serves the savings, protection and investment needs of <strong>Malaysia</strong>nsby offering a full range of financial solutions through its 41 branches nationwide. With the backing of <strong>more</strong>than 1,300 employees and over 14,000 agents and Wealth Planners, it is committed to helping peopleachieve their hopes and dreams for a brighter and financially secure future.PAMB is part of <strong>Prudential</strong> plc of the United Kingdom. Established in London in 1848, <strong>Prudential</strong> plc is one ofthe world's leading retail financial services groups. It provides insurance and financial services through its 4main business units throughout the world. <strong>Prudential</strong> plc has been in existence for over 160 years, and has<strong>more</strong> than 25 million customers worldwide and £351 billion in funds under management as at 31 Dec 2011.With life and fund management operations in 13 Asia markets, <strong>Prudential</strong> is currently the region's leadingEurope-based life insurer in terms of market coverage and number of top-three market positions, and aleading regional fund manager.<strong>Prudential</strong> plc is not affiliated in any manner with <strong>Prudential</strong> Financial, Inc, a company whose principal placeof business is in the United States of America.This news release is issued by Perception Management Sdn Bhd on behalf of <strong>Prudential</strong> Assurance<strong>Malaysia</strong> Berhad. For <strong>more</strong> information, please contact Mr. Kelvin Boey orMs. Tanzina Rahman on tel: 03-2166 0006 / 09, fax: 03-2166 0038, e-mail:kelvin@perceptionmanagement.com.my / tanzina@perceptionmanagement.com.my,or mobile: 012-203 6081 (Kelvin) or 016-314 8305 (Tanzina)2

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