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Friday February 12, 2010
JOHOR BARU: Malaysia Building Society Bhd (MBSB) has relocated its Masai sales and service centre (now known as Tebrau sales and service centre) to Taman Mount Austin near here.
The decision to relocate after operating in Masai, Pasir Gudang, for the past 10 years was due to the rapid development taking place in the Tebrau growth corridor.
“The corridor has seen an increase in economic activities in real estate, commerce, services and industry and we want to capitalise on the opportunities,” said MBSB chairman Tan Sri Abdul Halim Ali at the centre’s opening.
Also present were MBSB chief executive officer Ahmad Zaini Othman and regional business representative (southern region) Abdul Halim Zainal.
The chairman said, apart from serving customers in the Tebrau area, the company was looking at Kempas, Skudai, Johor Jaya, Ulu Tiram and Kota Tinggi as well.
Meanwhile, Zaini said that Iskandar Malaysia, the country’s first economic growth corridor spanning 2,217 sq km in the southern-most part of Johor, offered business opportunities for the company.
Since its launch on Nov 4, 2006, Iskandar Malaysia was progressing well with development activities by the public and private sectors, he said.
“It brings direct and indirect long-term economic benefits not only to Johoreans but to Malaysians on the whole,” he said.
The company planned to penetrate more into Pahang, Terengganu and Kelantan as the market for financial products in the three east coast states was not fully tapped, he added.
Zaini said the company would focus on personal financing and disbursement of loans to Malay Reserve landowners there.
He said that MBSB also planned to open a regional business representative office in the East Coast Economic Region (Ecer) to serve clients and attract customers.
It already has sales and service centres in Ecer, in Kuantan, Kemaman, Kuala Terengganu and Kota Baru, and 32 branches nationwide.
MBSB is a government-linked company with two major shareholders – the Employees Provident Fund Board holding 62.41% equity, and Permodalan Nasional Bhd with a 11.09% interest.
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