ComfortDelGro buys 51% stake in CDGI

It has a total cash consideration of $22.9m.

ComfortDelGro Corporation Limited (CDG) announced that it has acquired 51% stake in ComfortDelGro Insurance Brokers Pte Ltd (CDGI) from Global East Investments Pte Ltd for $22.9m, in accordance with their joint venture agreement inked in September 2003.

CDGI’s services include insurance broking, risk management, and claims management in Singapore.

CDGI is now a wholly owned subsidiary of CDG.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia