Henry Butcher Asset aims for higher bad loan recovery


  • Business
  • Saturday, 25 Mar 2006

KUALA LUMPUR: Newly-launched Henry Butcher Asset Auctioneers Sdn Bhd (HBAA) is aiming to achieve a higher recovery of bad loans, by at least 30%, from the RM50mil achieved last year, chief operating officer for central region, Tang Chee Meng, said. 

HBAA was set up by Henry Butcher Malaysia, an international asset consultancy group, to focus solely on the asset auction business and enable the group to serve its clients effectively and efficiently. 

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