OSK unit secures govt approval for moneylending licence


KUALA LUMPUR: OSK RF Sdn Bhd, an indirect wholly-owned subsidiary of OSK Holdings Bhd, has received the green light from the Ministry of Housing and Local Government for a moneylending licence.

The group announced to Bursa Malaysia that the licence, dated June 12, 2026, shall be valid for two years from June 11, 2206, and is renewable upon application with the Ministry.

The licence was issued under the Moneylenders Act 1951 and Moneylenders (Control and Licensing) Regulations 2003  for the company to undertake moneylending activities and provide loans pursuant to the Act.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
OSK , moneylending , licence , loan

Next In Business News

Trading ideas: Zetrix AI, Nothern Solar, Datasonic, Aemullus, Salutica, Axteria, Landmarks, MMM, EGH, Speedy Best, Ancile Tech
IMF: AI, energy prices shaping global economy
RedPlanet eyes bigger rail projects
CPO resilient
Yinson upstream unit raises fresh debt for FPSO Agogo
Shrinking orders cloud Mitrajaya Holdings outlook
Landmarks in RM4.48mil resort purchase
Northern Solar bags RM34mil EPCC contract for 9.5MW solar plant
Aemulus in RM15mil contract win
Temasek flags AI unwind, inflation as market risks

Others Also Read