Malton MD passes away


Companies that provide short-term consumer loans at high interest rates are on the increase in countries like Indonesia and the Philippines as many people struggle to get advances through traditional channels such as banks.

PETALING JAYA: Malton Bhd has announced the demise of its managing director (MD) Lim Siew Fai.

The company said in a statement to Bursa Malaysia that Lim was 52 when he passed away on Tuesday.

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