Revenue Group's unit secures moneylending license


KUALA LUMPUR: Revenue Group Bhd has obtained a moneylending licence from the Local Government Development Ministry (KPKT) to undertake online moneylending activity in addition to its existing moneylending business.

In a filing with Bursa Malaysia, Revenue said its wholly owned subsidiary, Revenue Harvest Sdn Bhd (RHSB) received the approval from KPKT via an online KPKT moneylending licence dated Oct 17 issued under the Moneylenders Act 1951.

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