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Call for Govt to ease lending rules


From L-R: Deputy President and chief operating officer Datuk Wong Tuck Wai, President & CEO Datuk Khor Chap Jen and Executive Vice President & chief financial officer Choy Kah Yew at S P Setia’s fourth quarter financial results press conference on Tuesday.

From L-R: Deputy President and chief operating officer Datuk Wong Tuck Wai, President & CEO Datuk Khor Chap Jen and Executive Vice President & chief financial officer Choy Kah Yew at S P Setia’s fourth quarter financial results press conference on Tuesday.

KUALA LUMPUR: S P Setia Bhd hopes the relevant authorities and regulators will ease overly strict lending restrictions that are being imposed on the property sector.

“Hopefully the Government can consider easing some of the measures that are in place at the moment. This will help a lot,” its president and CEO Datuk Khor Chap Jen said at a briefing.

   

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