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PELABURAN MARA COMPLETES KFH IJARAH TAKEOVER FOR RM1MIL

2014-03-26

KUALA LUMPUR: Pelaburan MARA Bhd (PMB) has completed the takeover of KFH Ijarah House (M) Sdn Bhd for “slightly over RM1mil” since the middle of this month.

The completion of the acquisition of KFH Ijarah House – a subsidiary of Malaysia KFH Capital Ltd - in mid-March 2014 will enable PMB to expand its offering of syariah-compliant financial services, especially in commercial leasing, PMB group CEO Nazim Rahman said.

Nazim added that KFH Ijarah House would soon be renamed as PMB Tijari Bhd.

“With an injection of RM100mil in capital, PMB Tijari will offer syariah-compliant financial services, targeting the commercial sector,” Nazim told reporters in a press conference on Tuesday.

 

The Star - 26 Mac 2013