The company is equipped with a license issued by the Malaysian Government to conduct business in the following categories:
▪ Housing loan
▪ Personal loan
▪ Business Loans
▪ Car Loans
▪ Motorcycle Loans
▪ Electrical / Electronic Appliances Loan
▪ Secured Loans (Pawn Business)
There are no restrictions on the change of business location (within Malaysia) or director.
This Online Loan License will allow companies to promote and provide loans nationwide online.
Currently, there are only 5 licenses issued throughout Malaysia and all of them are owned by major companies.
The selling price of the Company together with the Online Loan License is RM4.2 million. (Ringgit Malaysia Four Million and Two Hundred Thousand only)