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Nation

Bank cancels re-auction and agrees to remove bankruptcy status

By ROYCE TAN

KUALA LUMPUR: The house in Subang 2 that Good Samaritan Lee Hui Sen won in a bid was supposed to be up for re-auction three days ago.

On the eve of the auction, the bank decided to cancel it and agreed to remove the bankruptcy status of S, the defaulter of the mortgage, and to offer him a loan restructuring.

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Business , Auction , defaulter

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