MCO: Companies Commission raises debt threshold of companies

By CLARISSA CHUNG

PETALING JAYA: The Companies Commission of Malaysia (SSM) has announced new measures to ease the burden of businesses, including raising the threshold of indebtedness of companies.

SSM has now increased the definition of a company’s “inability to pay” from RM10,000 to RM50,000 until December 31.

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MCO , Companies Commission of Malaysia , SSM , Debts

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