KUALA LUMPUR: Billionaire Vincent Tan is considering selling

KUALA LUMPUR: Billionaire Vincent Tan is considering selling his 30% stake in Prudential Assurance Malaysia Bhd., people with knowledge of the matter said, after already offloading a 19% holding earlier this year.


Sunday 31st May 2026


Tan is talking to advisers about a possible divestment, the people said, asking not to be identified because the information is private. He may seek to sell at a price that values the entire business at RM20 billion or more, one of the people said.

Deliberations are at an early stage and might not result in a sale, while the amount sought could also change, the people said.

Tan’s Detik Ria Sdn., which is also linked to the royal family of Johor, and Prudential plc settled a long-running legal dispute last year that resulted in the sale of a 19% stake to the UK insurer.

The agreement valued the Malaysian unit at about RM8 billion and left Detik Ria with a 30% holding and Prudential with 70%, the limit under Malaysian rules for foreign investors in local insurers. A buyer for Tan’s stake would need to be Malaysian.

Vincent Tan declined to comment. Prudential and the Malaysian unit did not respond to requests for comment.




Vincent Tan’s Detik Ria Sdn and Prudential plc settled a long-running legal dispute last year that led to an earlier sale of a 19% stake to the UK insurer. (Bernama pic)

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I’m not sure ?

But I think that makes him five billion pounds ??

Maybe closer to Around £3.8bn

I’m not sure ?

But I think that makes him five billion pounds ??

Bloody hell 5 billion ,vinny looks well old and decreped on that pick ,
just wondering would BBM cope with a large war chest it tan decide to release a fraction of that sum .

Sell the club tan

He's not selling us anytime soon so this is potentially good news for us.

The problem is he has so many businesses so he has to make priorities. Hopefully he can sell his stake in other businesses, so there would be more of a reason to prioritise us.

Obviously I would prefer he sells us, but like I say that's not happening so this is probably the next best thing.

He's not selling us anytime soon so this is potentially good news for us.

The problem is he has so many businesses so he has to make priorities. Hopefully he can sell his stake in other businesses, so there would be more of a reason to prioritise us.

Obviously I would prefer he sells us, but like I say that's not happening so this is probably the next best thing.

With new ffp rules he can actually put in more than previously allowed so mabe this is a plan of his?

I’m not sure ?

But I think that makes him five billion pounds ??

The exchange rate is roughly 6 RM to a £1, so the 30% stake is = 30%/6 of 20 billion i.e £1 billion approx. Still a lot of money and just 3% of that spent wisely would give us a very good crack at promotion.

He's not selling us anytime soon so this is potentially good news for us.

The problem is he has so many businesses so he has to make priorities. Hopefully he can sell his stake in other businesses, so there would be more of a reason to prioritise us.

Obviously I would prefer he sells us, but like I say that's not happening so this is probably the next best thing.

With new ffp rules he can actually put in more than previously allowed so mabe this is a plan of his?

I doubt it Al but it would be nice!

He's not selling us anytime soon so this is potentially good news for us.

The problem is he has so many businesses so he has to make priorities. Hopefully he can sell his stake in other businesses, so there would be more of a reason to prioritise us.

Obviously I would prefer he sells us, but like I say that's not happening so this is probably the next best thing.

With new ffp rules he can actually put in more than previously allowed so mabe this is a plan of his?

I doubt it Al but it would be nice!

Mmm tan and a plan doesn't sound r!

Hopefully pumps 100 million into us