Melati Ehsan awarded two-year money lending license
23 Mar 2018 / 18:15 H.
PETALING JAYA: Turnkey contractor Melati Ehsan Holdings Bhd's wholly owned subsidiary Melati Ehsan Capital Sdn Bhd (MECSB) has obtained a two-year money lending license from the Urban Wellbeing, Housing and Local Government Ministry.
The group said in a stock exchange filing that the license, which is governed by the Moneylenders Act 1951, is valid from March 15, 2018 to March 14, 2020.
It is renewable for every two years.