On April 30, 2013, MAA Group Berhad (KLSE:MAA) refuted that its Executive Chairman Tunku Datuk Ya'acob Tunku Tan Sri intends to divest his stake in the company. A financial daily had reported on April 29, 2013 that Tunku Datuk Ya'acob Tunku Tan Sri intended to divest his stake.

MAA Group Berhad (KLSE:MAA) has approved in principle the proposed disposal of 85% stake in PT MAA General Assurance by MAA International Assurance Ltd. MAA Group said in a statement to Bursa Malaysia said that it has been in discussions with an interested party, but the terms and conditions of the contemplated sale and purchase agreement have yet to be finalized. It added that the Board is of the opinion that it will be in the best interest to divest PT MAA General based on the financial condition of PT MAA General and to therefore mitigate the loss from this operation in Indonesia. The statement said, "The company will make the appropriate announcements as and when necessary on further developments in relation to the proposed disposal."

MAA Group Berhad announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company announced operating revenue of MYR 138,842,000 compared to MYR 119,367,000 for the same period a year ago. Net earned premiums/contributions were MYR 53,126,000 compared to MYR 44,794,000 for the same period a year ago. Investment income was MYR 6,388,000 compared to MYR 5,492,000 for the same period a year ago. Profit before taxation from continuing operations was MYR 9,616,000 compared to loss before taxation from continuing operations of MYR 22,170,000 for the same period a year ago. Profit from continuing operations was MYR 5,317,000 or 1.32 sen per basic share compared to loss from continuing operations of MYR 28,122,000 or 8.82 sen per basic share for the same period a year ago. Profit for the period was MYR 8,007,000 compared to MYR 49,120,000 for the same period a year ago. Profit for the financial period attributable to owners of the company was MYR 6,706,000 or 2.20 sen per basic share compared to MYR 50,407,000 or 16.56 sen per basic share for the same period a year ago. For the full year, the company announced operating revenue of MYR 512,905,000 compared to MYR 1,726,594,000 for the same period a year ago. Net earned premiums/contributions were MYR 243,758,000 compared to MYR 211,311,000 for the same period a year ago. Investment income was MYR 22,436,000 compared to MYR 19,471,000 for the same period a year ago. Loss before taxation from continuing operations was MYR 22,871,000 compared to profit before taxation from continuing operations of MYR 8,178,000 for the same period a year ago. Loss from continuing operations was MYR 28,758,000 or 7.03 sen per basic share compared to profit from continuing operations of MYR 1,534,000 or 0.78 sen per basic share for the same period a year ago. Profit for the period was MYR 36,925,000 compared to MYR 113,243,000 for the same period a year ago. Profit for the financial period attributable to owners of the company was MYR 44,288,000 or 14.55 sen per basic share compared to MYR 114,095,000 or 37.48 sen per basic share for the same period a year ago. Net cash outflow from operating activities, continuing operations was MYR 31,136,000 compared to MYR 27,007,000 for the same period a year ago. Purchase of property, plant and equipments was MYR 16,431,000 compared to MYR 6,910,000 for the same period a year ago. Purchase of intangible assets was MYR 1,365,000 compared to MYR 2,361,000 for the same period a year ago. For the fourth quarter ended December 31, 2012, the company announced impairment loss on trade and other receivables of MYR 62,000 compared to MYR 164,000 for the same period a year ago. Impairment loss on goodwill on acquisition of subsidiary company was MYR 6,865,000.