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.
GEORGE TOWN: Aspen (Group) Holdings Ltd plans to develop a RM300mil residential development scheme in Seri Kembangan with Selangor Agricultural Development Corp (PKPS) as part of its strategy to penetrate into the central region.
Aspen is investing RM58.8mil to acquire the development rights for the redevelopment of a piece of commercial land totalling 12,185 sq m in Seri Kembangan, Selangor via a joint venture with PKPS.
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