AIA Company Limited made an offer to acquire 2.84% stake in AIA Insurance Lanka PLC for LKR 2.2 billion on February 28, 2019. Under the terms, LKR 2,500 per share was offered by AIA Company to AIA Insurance as a part of consideration. The offer has been made in pursuance of proposal of delisting of shares of AIA Insurance. The delisting is subject to regulatory approval.