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: Sentoria Group Bhd
is acquiring 150 acres of land in Morib, Selangor for RM20.25mil that its intends to utilise for potentially viable property development.
In a filing with Bursa Malaysia yesterday, the company said its wholly-owned subsidiary Sentoria Morib Bay Sdn Bhd had inked a sale and purchase agreement with Seriemas Development Sdn Bhd for the acquisition of the land.
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